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Author Topic: What is the difference between a "coin" and "token"?  (Read 8160 times)
Renu kapoor
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October 03, 2018, 05:06:29 PM
 #121

These are two name of the same one thing actually tokens are the first reward paid or allotted by a company against the work done for the company which are secondly converted in to tokens the main reward of the same company against the same work done for the company.

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waitforme
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October 03, 2018, 05:20:24 PM
 #122

The coin is an Altcoin produced with its ecosystem, just as NEO and ETH are considered currency when they have their ecosystem. Tokens are created based on other coins such as NEO and ETH. Based on Altcoin's foundation, we can distinguish it as a Coin or Token.

baronandr
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October 09, 2018, 04:13:05 PM
 #123

I've heard of some companies offering tokens instead of coins, is this the same thing?


The difference between coins and tokens is the way they are created. Tokens, unlike coins, are created much easier. The creation of tokens is limited by the choice of platform + tokens are almost always created on a special basis.
Greedy squirrel
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October 09, 2018, 04:16:02 PM
 #124

I've heard of some companies offering tokens instead of coins, is this the same thing?


The difference is obvious. Much has been said about this. It seems to me that we need to talk about the prospects for development. It seems to me that coins have a better foundation than tokens. I try to avoid tokens when investing Cheesy
riptv
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October 09, 2018, 04:19:48 PM
 #125

as  i  know coin   is  used for  using  moneys  in general  or  exchange  and  token  is  about   application   and  this  is  my knowledge  about this.
Georgiyk
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October 09, 2018, 04:21:16 PM
 #126

Tokens and coins have significant differences. Unlike a token, any coin can be called a cryptocurrency. Tokens are not cryptocurrency, they are rather a kind of access key to the service provided by the project that issued such a token.


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SandraStark
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October 12, 2018, 08:51:07 PM
 #127

 I also found out quite late about the difference between a token and a coin)) But everything turned out to be quite simple!
A coin is a digital currency that is used for settlements within a particular technology. (In most cryptocurrencies, this is the blockchain technology).
 A token is a kind of financial instrument that an investor receives from a company in exchange for his money. Possession of this tool implies a warranty.
But if you are only a bounty hunter, there is no difference what to earn. Smiley I think so)
pretfeestje
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October 18, 2018, 08:31:14 PM
 #128

Apart from the difference in their names, and pronunciations, coins and tokens also differ in the way that while coins are a more advanced technology with a blockchain of their, tokens are less advanced, and have to depend on the blockchain technology of coins for their existence, and survival. I hope this helps  Wink
Zdraste16
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November 20, 2018, 07:20:10 PM
 #129

I've heard of some companies offering tokens instead of coins, is this the same thing?

Coin, fixed, cryptocurrency.  Actively traded on all crypto exchanges.
 Markers are created by companies leading ICO, and, as a rule, are completely new means of payment.  Depending on which coin the token is attached to, it may have a specific block chain.
marcitosi
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November 20, 2018, 07:26:58 PM
 #130

you later change the tokens to coins, since any cryptocurrency has its own coins

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