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Cryptocurrencies are generally viewed as a distinct asset class in practice. [7] [8] [9] The first cryptocurrency was bitcoin, which was first released as open-source software in 2009. As of June 2023, there were more than 25,000 other cryptocurrencies in the marketplace, of which more than 40 had a market capitalization exceeding $1 billion. [10]
These are b = 10, b = e (the irrational mathematical constant e ≈ 2.71828183 ), and b = 2 (the binary logarithm). In mathematical analysis, the logarithm base e is widespread because of analytical properties explained below. On the other hand, base 10 logarithms (the common logarithm) are easy to use for manual calculations in the decimal ...
The most common digital computers use a binary alphabet, that is, an alphabet of two characters typically denoted "0" and "1". More familiar representations, such as numbers or letters, are then constructed from the binary alphabet. Some special forms of data are distinguished.