Token vs crypto coins

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Difference between COIN, TOKEN and PROTOCOL - Programmer explains
The biggest difference between a cryptocurrency and a token is that cryptocurrencies are the native asset of a blockchain like BTC, RBTC, or ETH, whereas tokens. You should now know the simple definition of both a coin and a token: coins are native to their own blockchain. Whilst tokens have been built on. Coins are more suitable for general transactions and value preservation, while tokens are more suitable for specific purposes and value creation. However, this.

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Ethereum ETH :. Their application keeps track of encrypted identities on the Ethereum blockchain. These smart contracts may be thought of as a special type of account. They are independent of other chains and cannot be used on other chains in their native form. Other than these monetary uses, there is no other use for Bitcoin.

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