Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Denic197823 on November 19, 2018, 06:14:44 PM



Title: Powering Products For Mainstream Blockchain Adoption
Post by: Denic197823 on November 19, 2018, 06:14:44 PM
In short, unless $CHZ shifts away from Ethereum to utilize another blockchain protocol, it remains as a standard ERC20 token and thus technically equivalent, in terms of the standards which regulate it, to the multitude of other tokens now populating the Ethereum network.
So why is $CHZ different? ERC20 tokens - like any different currency - gain their uniqueness via the different rights or utilities they bestow on their owners. Any currency is only as good as the economy its utility supports. $CHZ has a leg up in this sphere due to its at-launch utility as the exclusive currency of the Socios.com platform. Other $CHZ-exclusive products and platforms are being developed in tandem with the token’s post-launch journey to adoption as well.