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Author Topic: Difference between coins and tokens...  (Read 379 times)
ThachSanhTp
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February 12, 2018, 03:34:48 AM
Merited by easytipz (4)
 #41

Coins have their own blockchain, such as: Bitcoin, Ethereum, Litecoin, ...
While Token are born from another coin (platform coin, such as: Ethereum, Wave, Neo...). Tokens has not their own blockchain yet. Token usually used at ICO stage
alkhie01
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February 12, 2018, 03:49:12 AM
 #42

Coins are build base from Bitcoin which has its own blockchain and you can mine while tokens are based in etherium platform that can be premine,means the developers can create this.
easytipz
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February 12, 2018, 04:04:40 AM
 #43

Coins have their own blockchain, such as: Bitcoin, Ethereum, Litecoin, ...
While Token are born from another coin (platform coin, such as: Ethereum, Wave, Neo...). Tokens has not their own blockchain yet. Token usually used at ICO stage
Exactly.
Tokens based on Ethereum platform are called ERC20
shandiem14
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February 12, 2018, 04:14:19 AM
 #44

Well, For me, Token is an award or bounty given to us for joining campaigns, it usually depends on the ICO or for whatever project its used in. While Coins are usually place or traded in the market depending on its coins capacity, its hype or whatever it is being use or can be used to.

Agree tokens are available in ICO and should be distributed after token end sale. Coins are usually listed in coinmarketcap and that's the real deal of crypto traders they buy when the price is low. though the cheapest price the i've know is in ICO.
cryptotaste
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February 12, 2018, 06:22:56 AM
 #45

token place on the market depends on ICO .Coin place on the market depends on coin's cap, hype, technology and possible environments it can be used in.Tokens are usually associated with the ERC-20 system.Coin are usually built from scratch, they don't need to rely on Ethereum.
intervalue
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April 27, 2018, 09:33:25 AM
 #46

Hello everyone! as i read through the coin market is saw that there's a different window for the token market and coin market which made me wonder if there's a  difference. Right now, EOS leads the tokens while BTC leads the coins. I hope someone could explain this to me simply.

Coin used for trading, Token used for getting some benefits from the exact platform or project. That's simple.  Wink

Coin: Coin represents coins, which can be divided into tiny units for the value of division. The Coin represents a "unit" dedicated to the infinite division of value, the most representative of which is bitcoin. The value of riding in bitcoins is what we call consensus.

Token: Pass card. If you want to join the various parties, you need the pass card, The Token is like the Pass card.

They are my own opinions or understanding.
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