sujon570 (OP)
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May 28, 2018, 11:52:53 AM |
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There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ?  |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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K.Tumpa
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May 28, 2018, 12:04:57 PM |
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#Coin is crypto currency market place.It is the best crypto currency.Coin is the best platform coin market.Token is the other platform.Token is not popular site but Coin is most popular site.Most people uses coin & some people uses token.So I there for It is the crypto currency coin market.
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clairdelune
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May 28, 2018, 02:41:59 PM |
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Alternative cryptocurrency coins are also called altcoins or simply “coins”.
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain.
Altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.
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demenBTC
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PRIVATE FEDERATED BLOCKCHAIN
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May 28, 2018, 02:50:33 PM |
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the token is created to be the coin as the developer hopes, the token has not been able to use its own platform so it uses the etherum platform for trading
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mustamin88
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May 28, 2018, 02:56:40 PM |
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I think All coins and tokens are cryptocurrencies, even if many coins do not work as a method of payment.
Actually the term cryptocurrency is an incorrect naming, because basically the currency (as well as currency) must represent a unit / value and exchange medium.
Hopefully my answer can help.
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Pasaway2701
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May 28, 2018, 02:57:38 PM |
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the token is created to be the coin as the developer hopes, the token has not been able to use its own platform so it uses the etherum platform for trading
Tokens are used by developers as a reward which is supported by ERC20 token to be able for exchange in coins that can be use in more trading platform. Tokens are created not exactly the same as coin but can be use to earn huge when the price is good in the market. In is supported by ethereum in order to have specific coin to exchange with. |
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mersal
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May 28, 2018, 02:59:06 PM |
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There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ? There is no big difference between coins vs tokens coins are long term investment but a token is the small time valuable one but both are profitable now a day's for my view. |
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MLBBPLG
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May 28, 2018, 02:59:27 PM |
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Blockchain tokens do have value, but they cannot be considered money in quite the same way that a straightforward coin can. Tokens are generally hosted on another blockchain, like Ethereum or Waves: 2.0 protocols that allow users to create them using the core coin (e.g. ETH or WAVES — though there’s some debate about whether ETH and WAVES, both of which act like ‘fuel’ for their systems, are coins in the same way that BTC acts as a simple currency).
Tokens offer functionality over and above that of digital cash. They may deliver value to investors, beyond speculative returns; this is one of the purposes of ChronoBank’s TIME token. That can occur in a variety of ways, though typically through buybacks (since dividend payments entail regulatory problems). They may be used to hold votes by the community on key business decisions, or even technical changes to the platform.
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Tamrlan
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May 28, 2018, 03:00:53 PM |
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There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ? Well it has been answered by master demenBTC, the explanation log in reasonable and easy to understand. the token is created to be the coin as the developer hopes, the token has not been able to use its own platform so it uses the etherum platform for trading
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hurry_hore
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May 28, 2018, 03:01:24 PM |
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Coins have their own network in the platform while tokens are based on a platform, there are also called fork if the coins are connected to the main network. In easy sentence, tokens and forks are children of each parent network / platform. Just to simplify the case to be easier understanding, CMIIW.
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RasicaOla12
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May 28, 2018, 03:04:00 PM |
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There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ? Altcoins are simply referring to alternative currencies for Bitcoin. Most of the altcoins are a variant of Bitcoin, built using the original protocol A token is a representation of a particular property or utility, usually located above a blockchain. Token can basically represent any property that can be replaced and can be commercialized |
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rumexx
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May 28, 2018, 03:06:45 PM |
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Altcoins simply refers to coins that are an alternative to Bitcoin. The majority of altcoins are a variant (fork) of Bitcoin, built using Bitcoin’s open-sourced, original protocol with changes to its underlying codes, therefore conceiving an entirely new coin with a different set of features while Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies!
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joebrook
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CryptoTalk.Org - Get Paid for every Post!
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May 28, 2018, 03:24:19 PM |
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Alternative cryptocurrency coins are also called altcoins or simply “coins”.
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain.
Altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.
Coins are the currency and example of these are litecoin and BTC meanwhile tokens are like the shares that you receive when you buy a stake in a company. |
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ashley_49
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May 29, 2018, 08:42:26 PM |
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Token doesn't have its seperate platform to do task. It is dependent on coins. However, tokens are for small term investment and in the long run you'll able to earn more with crypto coins.
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Shenzou
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May 29, 2018, 09:12:19 PM |
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There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ? Tokens are created based on the etherum blockchain and they are small and the number of transaction that are made with tokens are not that much and not worth creating a whole new network for them, and unlike all the other cryptocuurencies they are only used for one particular domain, tokens unlike cryptocurrencies usually don't last that long because people use them for profit only, a basic pump and dump. |
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marvtridon
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THE ONE STOP SOLUTION FOR THE CRYPTO WORLD
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May 29, 2018, 09:20:42 PM |
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#Coin is crypto currency market place.It is the best crypto currency.Coin is the best platform coin market.Token is the other platform.Token is not popular site but Coin is most popular site.Most people uses coin & some people uses token.So I there for It is the crypto currency coin market.
What are you saying man? seriously i just didnt understand anything you wrote up there. Its just like you are commenting for post count sakes. IF i was a moderator, I would delete this post right way. well for knowledge sakes, a coin is a cryptocurrency which has its own blockchain while a token is a cryptocurrency which runs an a coin's blockchain. Examples of coins are bitcoin, ethereum, dash, monero, Ripple, Bitcoincash, Verge, Tokenpay, etc while example of tokens are all cryptocurrencies which are stored in your MEW |
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GaryCynthia
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May 29, 2018, 10:18:18 PM |
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Well, I think they both are kid of same. But, yes, you might find problems in transaction with tokens to some extent. Tokens are the rewards of the developers and coins can be used without any transaction issues in crypto market.
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mary_55
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May 30, 2018, 12:07:37 AM |
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Coin is more popular among the people like bitcoin is the best crypto currency in the market. Peoples are invest on coin for long time on the other hand tokens are invest for short time. Token is popular among some particular party.
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Yokonaumiyaki000
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May 30, 2018, 12:14:09 AM |
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Alternative cryptocurrency coins are also called altcoins or simply “coins”.
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain.
Altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.
Probably the best explanation. Thank you for this. I thought coins and tokens are basically the same but when OP asked why other token needs other tokens for transaction bugged my mind. |
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3dchain
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May 30, 2018, 12:23:26 AM |
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The express purpose of a coin is to act like money: as a unit of account, store of value and medium of transfer. Blockchain tokens do have value, but they cannot be considered money in quite the same way that a straightforward coin can. Tokens are generally hosted on another blockchain, like Ethereum. Tokens offer functionality over and above that of digital cash. They may deliver value to investors, beyond speculative returns.
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