A wide range of cryptocurrency coins or tokens, openly traded and circulated.
From the perspective of the average user, coins and crypto tokens are virtually the same, but their technological construction differs. Understanding this distinction may enable cryptocurrency users to make more intelligent judgments.
A cryptocurrency that is original to the blockchain it uses is referred to as a coin. Without constructing a blockchain, it is impossible to generate a coin.
Tokens are not mined in the process of transaction validation like currencies they are minted. A commodity or service is symbolized by a token, a digital measure of value. Tokens are released on top of current networks and, unlike currencies, tokens do not possess their own blockchain.
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