Coin VS Token!!! Basic!!! — @r2000 on read.cash

@r2000 17 August 2020

Coin VS Token!!! Basic!!!

Coin Token *A coin is a digital currency similar to the * A token is a digital asset issued physical currency on a particular project *Coin operates on its own Blockchain with own *Token does not operates on protocol their own Blockchain *Coinsare purely used as a source of payments *Tokens are used for payments - and signing digital agreements *For e.g. Ethereum, Ripple and many more *For e.g. BON,DAO, BAT Tokens

+KT
+BCH

8 comments

@Jaysea1447 17 August 2020

Nice, so tokens are not actually cryptocurrencies?
- @r2000 17 August 2020
  
  yes they are let say crypto coin Vs crypto toke. Only the term are confusing, i will write a detailed one soon
  - @Jaysea1447 17 August 2020
    
    Ok
@Captainrex5 17 August 2020

What about pivx? What is it? Coin or token?
- @r2000 18 August 2020
  
  As far as i know it's crypto coin. correct me if its wrong
  - @Captainrex5 18 August 2020
    
    I don't know what it is that's why I'm asking
    - @r2000 18 August 2020
      
      cypto coin for sure
      - @Captainrex5 18 August 2020
        
        Alright. Thanks for enlightening me