Cryptocurrency Q&A
Is a token a coin?
Is a token a coin?
SolitudeSeeker
Fri Nov 15 2024
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7 answers
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I'm trying to understand the relationship between tokens and coins in the cryptocurrency world. Specifically, I want to know if a token can be considered as a coin, or if they are two completely different things.
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7 answers
Leonardo
Sun Nov 17 2024
Crypto coins possess a distinct attribute that differentiates them from tokens.
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WhisperEcho
Sat Nov 16 2024
Instead, they are built on an existing blockchain platform.
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KpopHarmonySoulMateRadiance
Sat Nov 16 2024
Crypto coins are primarily intended to function as a digital currency.
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CryptoPioneer
Sat Nov 16 2024
They have their own independent blockchain, which serves as their foundational layer.
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BitcoinBaroness
Sat Nov 16 2024
This blockchain is specifically designed to support the operation of the crypto coin.
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