Crypto World Story

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In crypto, there are two types of projects that are carried out by each developer. Coins and Tokens have both differed in the systematics of existence in the crypto ecosystem since crypto was created. Coins become a clear project as individuals who carry their own existence while Tokens become clones in a series that has been present in the personality of a Coin.

In each individual who was present at the creation of the Coin, they mapped out the space for each community to be carried and continued to be developed. Bringing out the unique personality of the same basic chain from the original creation that is Bitcoin. From the creation of Bitcoin, there were new individuals who carried out the existence of cloning in their bodies, namely Ethereum with the basic concept of smart contracts, which in the end created the presence of Tokens.

Image by Tamim Tarin from Pixabay 

The increasingly unstoppable existence of Tokens, in the end, gave birth to various developments with the formation of various kinds that facilitate the creation of Tokens that are already present with a space that presents a new chain system that is more integrated with each blockchain which was originally a container for Coins to chain their own chain existence.

Each ecosystem eventually evolves and further facilitates existing deficiencies to adapt in the context of each advancing era. Giving birth to various forms of order needs on the blockchain chain was created. The birth of ICO, IEO, NFT, DeFi, Metaverse, minimizes each base of the chain that aims at each existence carried.

However, until now, that doesn't exist and if there is, perhaps the context is only a stepping stone across which facilitates every existing blockchain being connected and integrated to reduce the problem of the birth of new clones that do not have a good and right purpose. Such as Binance, Polygon, Fantom, and other blockchain services, but do not fully bridge the existing Tokens fully and correctly based on one Token project itself.

The connecting bridge only revolves around one connection not connecting the actual Token condition. Each blockchain only creates an existing clone language, not connecting clones that have already been created. So that it only brings damage to the systematic ecosystem of each blockchain chain itself. The condition of the existence of the bridge context creates many problems and in the end, it destroys the existence of individual coins that have facilitated as a place for shelter for the existence of various clones called Tokens in their bodies.

Image by Reto Scheiwiller from Pixabay 

The existing schematic only carries the concept of the main profit in each of its creations, no longer the correct schematic first to be further pursued. Adoption only as a marketing scope not to be left behind and abandoned. Development is only prioritized on each network, not on each integrated individual network. Even though the differences and goals are clear, they don't think about developing the conditions for connecting steps to one another.

All of this has not yet reached the state of being integrated and adopted if it leads to the concept of currency. It is still the basis for learning the concept for every bridge connected to the wider community system to become a currency. The existing bridge is only connected to the container that gave permission. If it continues like this, the presence of crypto will only be a digital language for a toy or a game, it will not be able to be adopted for new alternative purposes as a currency.

If you return to the initial point of creation, what you actually carry is only five basic concepts of cost, convenience, speed, security, and decentralization. The five basic concepts aim at the ultimate goal of individual economic improvement and globalization. Erase the concept of monopoly and the concept of capitalism which has grown roots in the world economic order. More connecting people, more adoption. If you think about it, the underlying conditions to guarantee as collateral for the currency concept can be difficult to achieve from an economic perspective, because nothing will remain as collateral for a digital concept that is not physical.

-==-

nb: It's just an imagination, don't take it personally. 😂

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Comments

Write something about NFTs.. Cryptocurrency will taking place that's clear.

$ 0.02
2 years ago

Exactly, they are different. I was one of them who thought at first that they are same.

$ 0.02
2 years ago

tokens and coins are indeed different but due to the development and growth of crypto, tokens have changed people's views because it can be seen from the increasing development of smartBCH.

$ 0.02
2 years ago

Excellent article! Loaded with a lot of information!

$ 0.02
2 years ago

I just get to know the difference between token and coins.

$ 0.02
2 years ago

Although you said that it's just your imagination my friend but I think there is a possibility if it's work on this way. Well informative post sir.

$ 0.02
2 years ago