Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on May 27, 2018, 03:45:21 PM

Title: How can we deferential between a coin and a token?
Post by: Bobcrypto on May 27, 2018, 03:45:21 PM

It seems to me that there are some deferences between a coin and a token. Sometimes people use the term “coin” to refer to what other people call “tokens”, and “token” to refer to what others call “coins”. Some people will use either name to refer to all the digital assets currently available. Please share your thoughts.

Title: Re: How can we deferential between a coin and a token?
Post by: Contagem on June 05, 2018, 08:00:42 PM

For example, I can cite EOS, which before running mainnet was an ERC-20 token based on Ethereum. This means that EOS was completely dependent on blockchain Ethereum, the transaction fee was taken in ETH, but now EOS has its own blockchain, with zero transaction fee and does not depend on Ethereum. The same should happen with the TRON token, which is now an ERC-20 token on the basis of Ethereum, but with the launch of mainnet it will become a full-value and not dependent on Ethereum coin.