I'm trying to understand the distinction between a token and a blockchain. I know they are both related to cryptocurrency, but what exactly sets them apart from each other?
6 answers
SeoulSerenitySeeker
Tue Dec 03 2024
Crypto coins are specifically crafted to serve as a digital form of currency.
BitcoinBaron
Tue Dec 03 2024
They are designed to facilitate transactions and act as a medium of exchange.
SeoulSoul
Tue Dec 03 2024
Crypto coins and tokens possess a fundamental distinction that sets them apart.
Caterina
Tue Dec 03 2024
Crypto coins operate on their individual blockchain networks, ensuring they function independently.
HanbokGlamourQueenElegance
Tue Dec 03 2024
Crypto tokens, on the other hand, represent an ownership stake or interest in a particular asset.