The main difference between coin and token is that coin is a open blockchain where any person can use it for selling or buying products. On the other hand token is a method of payment such as you can buy a token with a coin but you cannot use it for selling or buying products.
Topic: Different between Token and Coin ? - page 3. (Read 493 times)
Generally, coins have their own blockchain whereas token works with blockchain. It's a part of blockchain which controls the organs of blockchain
I sure that you have saw it - Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
Well, very beginning to say both are alternative to bitcoin. Coins which are built on its own blockchain. Bitcoin, Ethereum, Litecoin, NEO, Monero each of very popular, exists in their own blockchain. Tokens generally uses other existing blockchain. For example: The most common blockchain token platform is Ethereum. I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
They are the same thing basically. Only difference is that tokens are build on some other's blockchain system while coins are build on their own blockchain system. This is the main difference. Nothing else.
The main difference between altcoins and tokens is in their structure. Token are based and built on other blockchain while coin would surely built on its own blockchain and have its own wallet.
A token has a use on the platform, kind of like a gift voucher. BOth are coins really though as 99% of people are treating them solely as an investment.
I sure that you have saw it - Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
AS i know Token is no value, this is product of project, At ICO time the coin calling Token. When it can list on the market we calling it is altcoin I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
thank you so much for asking this questions of the people face diffculites on sperateing them , this both is very different from each other, there main difference is on their structure and operating process, token still didn't able to achieve that much of popularity as the coin have on the market
The main difference is in the relation with blockchain. Coins have their own blockchain whereas tokens are derived from some blockchains that are being used for decentralized projects.
When other coin's blockchain is used called token which is the part of blockchain ecosystem like tether, binance coin etc. And the coins are the blockchain of its own and have their own value to trade. You can also investigate more reading some projects of tokens' whitepaper built on coins
These are two important words in the world of crypto
Most people used these two words interchangeably whereas they used them
wrongly because they cannot differentiate between them.
Am also here to learn because I don't know the difference.
Most people used these two words interchangeably whereas they used them
wrongly because they cannot differentiate between them.
Am also here to learn because I don't know the difference.
I sure that you have saw it - Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
maybe the simple quote to answer your questions is
a coin run in their own blockchain, but a token is didn't run in their own blockchain
most of token created on ethereum blockchain now,, few in waves and others network such as eos, neo, strat etc
A token is a digital good that requires the underlying chain to survive. So a coin is the opposite, it has its own chain and is independet from any other. Coins is just a name, not all are intended as such.
this is a good question, in fact I've often heard about tokens and coins but I do not understand the difference between the two. I hope someone can tell us here.
Coins are in most cases a separate blockchain, something independent of others while tokens are based on existing cryptos like Ethereum, NEO,Stellar and are powered by such platform
Coins are also know as altcoins and it simply means coins that are an alternative to Bitcoin. The majority of coins are fork of Bitcoin, built using Bitcoin’s open-sourced, original protocol with changes to its underlying codes, therefore conceiving an entirely new coin with a different set of features.Coins will have it own blockchain for example ethereum, EOS, bitcoin cash etc. While token are a representation of a particular asset or utility, that usually resides on top of another blockchain. For example erc 20 token( like polymath, equal token and a lot of them) that resides on ethereum blockchain
Coin has its own blockchain, and it's ussualy minable.
Token is build on blockchain of other coin or token like Etherium (the most Tokens), Waves, Neo etc.
Token is build on blockchain of other coin or token like Etherium (the most Tokens), Waves, Neo etc.
I sure that you have saw it - Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
Token is such a replacement of coins in the crypto world. Its main difference is that it is valid only in a specific ICO project. This is comparable to casino chips. They work as currency only on the casino, but to buy something outside the casino you need to exchange their on real money. In our case, real money is like cryptocurrency. I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
These determination are too different with each other. They are depend on each other too. Coins are based on the system and tokens are used for attraction of investments, if I am not mistaken...
I sure that you have saw it - Token and Coin
I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
The main difference between altcoins and tokens is in their structure; altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.I know Crypto have two kind of: Bitcoin and Altcoin
Please tell me what is different between and Token and Coin
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