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Topic: Altcoins vs Tokens - page 3. (Read 461 times)

jr. member
Activity: 105
Merit: 2
February 20, 2018, 03:50:34 PM
#3
competition between them I think follow the token etherium and bitcoin
if both are down then everything will go down too but if both go up then everything will go up.
but that is seen from the movement between the two.
newbie
Activity: 238
Merit: 0
February 20, 2018, 03:17:00 PM
#2
There isn't much difference between the word altcoins and tokens. Altcoins are those which can be used as an alternative to bitcoin whereas the word token is often used when talking about the initial coin offering of certain coins until they are not used on any exchange site so you can call tokens a preliminary version of altcoins.
jr. member
Activity: 91
Merit: 2
February 10, 2018, 06:57:47 PM
#1
I just want to verify if all of us are on the same page about the difference of altcoins/coins and tokens. If you are using https://coinmarketcap.com/coins/ as a reference you will be able to observe that cryptocurrencies are actually divided into two, coins and tokens. Leading coins that we have are of course Bitcoin, ETH, Ripple, etc while the leading tokens are EOS, TRON, tether and Vechain. Though these cryptos could be converted to another, they are different in a sense that coins do have their own blockchain while tokens are derived from a platform(ETH, Omni, NEO)
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