Findingnemo (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 07:57:55 PM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
View ArchiveReport to moderator
|
|
|
DarkBullet
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 336
Merit: 55
|
Tokens are powered by coins. Tokens do not have their own blockchain and its transaction fee should be on specific coins. Just like ERC20 tokens, they are all powered by Ethereum which is a coin right? Its transaction fee should be paid by ethereum. As far as I know, there is no staking in most of the tokens. Below are the full list of coins and tokens in coinmarketcap. Tokens - https://coinmarketcap.com/tokens/views/all/Coins - https://coinmarketcap.com/coins/views/all/
|
|
|
|
coinamu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 09:18:45 PM |
|
Do you even search about it correctly ? So let make this simple, Coin have they own chain thats mean it have its own chain, token in other hand is like utility or assets that created on top that coin chain. For example we have Ethereum this is called coin anything created on ethereum smart contract will be named token.
|
|
|
|
lopez cryptomania
Jr. Member
Offline
Activity: 112
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 09:23:10 PM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
Tokens are built on top of coins like an erc 20 token, they do not have their own blockchain they are used as a utility on top of a coins network.
|
|
|
|
justine11
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 336
Merit: 12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 09:42:06 PM |
|
What? You still don't know what the differences between tokens and altcoins while you are in member rank? The difference between altcoin and tokens are altcoin have their own code and blockchain amd also a wallet while tokens are they don't have a code or a own blockchain but they are running under ERC20 contract under ethereum blockchain. If you want more info about this i suggest you should search the web.
|
|
|
|
OuterTech
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 294
Merit: 100
Tokenize Fantasy Sports
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 09:46:15 PM |
|
Both of them are also cryptocurrency but they're not the same ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). When a cryptocurrency can be called "coin", it must have it own blockchain vice versa token is cryptocurrency created depend on other cryptocurrency blockchain and almost token on the market atm created depend on ETH blockchain and Waves blockchain. I think it's enough for you to understand why their are "token" and "coin"
|
|
|
|
jack.davos
Newbie
Offline
Activity: 4
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:00:16 PM |
|
How about getting free coins with the real, massive free airdrop of marinecoin? Not tokens, coins. Rooted project (staredt in 2013) recently resurrected from its ashes. In 2018 Marinecoin will stand up again, if you register https://marineco.in/ you get 450,000 MTC, free of charge, a real giveaway. There is also a referral program, the trading is already begun and it is on platform. More than 90% of the coins are pre-mined, so we have to make the most out of the airdrop! Join marinecoin: register and follow the instructions. No personal data required. Get this deal before it’s over.
|
|
|
|
Nibelung
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:03:22 PM |
|
The difference is only in technology. I think that ordinary users will not notice the difference between tokens and coins. Especially if this user buys a coin / token only for speculation.
|
|
|
|
Duzter
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:13:29 PM |
|
Tokens and coins were almost the same, the difference that has been mentioned is the way it function. With coins they have their own blockchain, whereas with tokens they were developed based on a blockchain technology. It can be of smart contracts platform or the waves, omise, etc.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
setifien19
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:13:41 PM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
If I remember correctly, this question has been asked several times ago . But let me say this : The main difference between coins and tokens is that coins have their own blockchain ( platforms where transactions are executed consecutively ) while tokens don't have it , so they have to use a coin blockchain ( for example erc20 tokens "which are the most known ones" use Eth blockchain )
|
|
|
|
Yuuto
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:45:57 PM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
Tokens are just unit of accounts on a particular platform. A coin is the native currency of a platform. Also tokens are usually used in ICOs when companies are selling something that they have not fully developed yet, so that they can only basically issue an IOU on the ETH network. That's the major difference... For example Ethereum is considered to be a coin, but EOS is considered to be a token, since you can't actually pay gas on the ETH blockchain with EOS tokens.
|
|
|
|
noloco
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 210
Merit: 100
BLOCKCHAIN VERIFIED PRODUCT REVIEWS PLATFORM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:51:03 PM |
|
tokens are supported by other platform with different infrastructure and coin from token project. A coin uses his own technology to support transactions.
|
|
|
|
Moeda
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 10:56:21 PM |
|
Basically the same coins. But if the token was released using another party blockchain, while the Coins was released using its own blockchain. Coins are developed from the ground without any third party assistance.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
kinki32
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 266
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 11:00:55 PM |
|
Coins has own blockchain, tokens using another blockchain. Tokens it simple ticket to use another blockchain.
|
|
|
|
Mi5h0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 11:12:17 PM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
Tokens are generally hosted on another blockchain, like Ethereum or Waves. It is a much easier to create tokens as developer does not have to modify the codes from a particular protocol or create a new blockchain and wallets from scratch. Most tokens are developed for the specific projects and ICOs while the coins are designed as a universal means of payment.
|
|
|
|
bakulgarem
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 361
Merit: 10
BIB Exchange
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 11:14:09 PM |
|
according to my own token is the output of an ico project in the form of a ticket while the coin itself as a currency that can be used anywhere.
|
|
|
|
johanesrobin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 11, 2018, 11:25:00 PM |
|
Tokens are powered by coins. Tokens do not have their own blockchain and its transaction fee should be on specific coins. Just like ERC20 tokens, they are all powered by Ethereum which is a coin right? Its transaction fee should be paid by ethereum. As far as I know, there is no staking in most of the tokens. Below are the full list of coins and tokens in coinmarketcap. Tokens - https://coinmarketcap.com/tokens/views/all/Coins - https://coinmarketcap.com/coins/views/all/A very satisfying explanation, I just found out about this and I feel wrong with the term coins and tokens. I always feel the two terms are the same and there is no difference. thanks.
|
|
|
|
bjmpoker001
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 406
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2018, 02:51:53 AM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
Tokens is made from the network of altcoins. For example ERC20 tokens, it is created in the Ethereum network. they used erc20 token for crowdfunding many ICO's.
|
|
|
|
VeeraS
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2018, 02:58:20 AM |
|
I think you can find lots of discussion about altocoin and token differences. here there are many who have asked like you. try to seek knowledge through reading
|
|
|
|
Bakemat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2018, 03:01:27 AM |
|
I want to know what is the exact difference between tokens and coins or both of them are same.I do some research already but couldn’t get the clear idea so help me in understanding these guys.
Token is the give by the ICOs projects and someti.es tokens are giving in the bounty campaigns.it iss not a currency its like its a part of a coun but not part of currency. Coun is a digital currency taht wr invest in diffrtent price and branf. Just read and read in this forum, im sure that you have more found article about this
|
|
|
|
|