Topic: Coin vs Tokens - page 2. (Read 501 times)
Actually coins and tokens are all same but they seems like different. Like, coins acts as real money and tokens are like gold which have high value.
Mention that all coins and tokens are viewed as cryptographic forms of money, independent of their capacity as cash or medium of trade. Regularly, coins are additionally alluded to as altcoins to name advanced monetary forms that are a contrasting option to Bitcoin.
Basically, coins speak to cryptographic money that is like the establishment or structure of a building. Interestingly, tokens speak to a digital currency that is added to a current framework. The way toward building an altogether new blockchain and propelling a coin is regularly thought to be more mind-boggling and tedious.
It is impossible to say unambiguously what is better or what is more promising for coins or tokens. because there are tokens of all scam projects, and there are coins scam projects. And also there are prospective tokens and promising coins. you need to consider each case specifically.
"The crypto business made a genuine promotion and at this point, the market increased a large number of fans from around the globe. The wording ranges from specialized terms to coin, token, crypto coin, altcoins and then some.
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Cryptocurrencies are divided into two categories. One is coin and another is token. Most of the people are not understand clearly about it and of course thank you for this post that will help all to understand.
Thanks for the article you write. It is very helpful to know the coins and tokens. In simple word coins are the digital money. E.g. Bitcoin & Tokens are the assets that can be used as a method of payment.
Nice article. It will be very easy to understand between tokens and coins to newbie. Digital coins can use as a money that we use in real life and a particular utility is simply represent by tokens.
I think one of the major difference between tokens and coins in that tokens works on specific decentralized apps. Token doesn't need a own blockchain where every coins have their own blockchain.
Just like the others, I was also confused between the two and assumed that both of them were the same. Now, I know the difference. This is just a good to know so we don't sound ignorant when we talk about the coins or tokens. Thanks for sharing.
In shortly saying coin is act like a store your money and that will change over time and works as a medium of your transferring your money on the other hand token actually offers digital cash and it gives value to investors and also this invest is risk.
Many people have these confusions. They often mess up between token and coin. I think coins only store value by which people can do certain tasks. Besides tokens can be owned by using coin.
The difference between coins and tokens has long been known, you can read a lot of articles on the Internet. Thank you for old information!
all types of coins and tokens both are part of cryptocurrency market , and this can be used for investment but yes because of lack of popublicity tokens didn't able to achieve that much familiar and attention as the coins have but hopefully very soon situation will be changed so we better not start any competition between this two
Tokens are used for much specific purposes on a certain platform on which the tokens are made. Suppose in a music platform we may use some tokens for listening to musics or watching music videos.
Newbie are always being confused between coin and tokens and hope this post should them to make difference between them. So this is a most wellcoming post here.
I do not think there is much difference between them. Coins have own network, nodes and smart contract. Token use other coins network like Etherum, NEO, Stellar etc...
I have been using the two interchangeably. I never thought of any significant difference between coin and token.
Most tokens are coins really though as people are just treating them as an investment, hardly anyone buys them to use as a utility token.
I think much better coins than the tokens because some tokens are no value like coin have a value in trading site and for now if you invest much better coins like ethereum.
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