14/02/2025
First, there was Bitcoin. Then came Litecoin, Ripple, Ethereum, and many more. Today, there are more than 10,000 cryptocurrencies in existence.
But do we really need so many?
To answer that, you first need to understand what cryptocurrencies are. They aren’t just digital coins for buying things. They are used to reward participants in decentralised ecosystems for carrying out activities that keep the system running smoothly and securely. These decentralised ecosystems enable and facilitate all different types of everyday industry, from financial services to gaming.
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