Coins generally involve some kind of mining or staking and are the base layer of their blockchain.
Tokens are just representations of something on a layer on top of that and can be used to work with smart contracts, etc.
Tokens are a bit like the front end of a web site whereas coins would be more like the back end. That's oversimplified of course but might help as a point of reference.
Topic: Tokens & Coins - are they exactly the same? (Read 228 times)
Tokens and Coins are different thing,
it's like Bitcoin to Ethereum and others altcoin in my opinion.
Token created based on existing coin such as waves,ethereum and etc.
not like Coins,it's peer to peer program and created based on unique data source(code).
in brief it's like this :
Coins are the mother and the father,and from their code you can generate a new type called Tokens.
it doesnt have a uniqueness because it's created based on existing Coins.
not like Coins,it's created based on unique source
it's like Bitcoin to Ethereum and others altcoin in my opinion.
Token created based on existing coin such as waves,ethereum and etc.
not like Coins,it's peer to peer program and created based on unique data source(code).
in brief it's like this :
Coins are the mother and the father,and from their code you can generate a new type called Tokens.
it doesnt have a uniqueness because it's created based on existing Coins.
not like Coins,it's created based on unique source
Tokens & Coins - are they exactly the same? What's the difference? Aren't everything listed on Coinmarketcap all coins?
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