In November 2019, there were"only" 2,817 cryptos, while in February 2022, that number rose to 10,397 unique cryptocurrencies. More and more cryptos are created every year, but in the last two years, the crypto market has exploded. Individual units of cryptocurrencies are called coins or tokens, and the exact name depends on their use. Polkadot tries to solve the main issues blockchain has of interoperability and scalability.
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