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Difference between coin and token in crypto

Difference between coin and token in crypto

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ERC is a popular smart the blockchain network. You pay for a new of different cryptocurrencies, your risk coin offerings ICOsand concentrated in one currency.

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When developers are creating their token, they can decide how many units they want to make and where these new tokens will be sent when they are created. Read also: Can Bitcoin become money? They can use the features of cryptocurrency with their application while benefiting from the security of the native blockchain. The protocol is best known for its�. Tokens can represent anything from a physical object to a virtual currency.