The terms coins and tokens in the crypto world are two things that are heard very often. However, make no mistake, these two terms have fundamental differences in meaning. Quoted from The Economic Timescoins are crypto assets that have technology blockchain and operate on the network blockchainhis own.
Blockchain itself is a technology used to store data digitally and is connected to cryptography. Data stored in blockchain it is transparent, immutable, and immutable. The world’s first crypto coin is Bitcoin.
Bitcoin was born with technology blockchain and operates on its own network. While token is a term for digital assets that do not have blockchain itself and operate on other blockchain networks. An example is the Audius token running on top of blockchain Solana or Uniswap and Chainlink applications running on Ethereum.
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