what is the different between coins and tokens?

[jakeshadows27]

im just confusing what is some difference between coins and token what is better to have?

[akhjob]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

[Methos]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

So meaning all ERC20 altcoins are not coins but token and they are using the blockchain of others like eth blockchain? Am I right?

[issakaq]

Tokens are  utility that usually resides on top of another blochain but coins are alternative to bitcoin .

[akhjob]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

So meaning all ERC20 altcoins are not coins but token and they are using the blockchain of others like eth blockchain? Am I right?

Yeah, you got it right. If you got doubt check for some ERC20 tokens in coinmarketcap.com. I would suggest you check Tron (TRX), right now it is a token. After June 21, Tron will be migrating to its own blockchain. So TRX will become a coin. Same for EOS.

[Quantum X]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

You are right mate about the coins, And if I am not mistaken tokens are called utility token.

[dentolas]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

good, clear explanation 
concerning what's best, i think that an independent blockchain always gives additional trust and value, nevertheless utility tokens don't need to have an independent blockchain to operate in full...so i guess that it just depends on the coin/token.... there are also lots of useless coins that have their own blockchain and their only purpose is transactions.... and a lot of high value tokens... 

[agusaji27]

im just confusing what is some difference between coins and token what is better to have?

I think the coin has its own Blockchain, but the token does not have its own Blockchain, so it's like the etherum that houses tokens like lina, savedroid, hot, and more.

[Chipsikkk]

Токены работают по тем же технологиям, что и монеты, но при этом ... Эти жетоны обычно запускаются как ICO как способ финансирования...

[serggg]

It seems to me that the key is to have your own blockade, but functional. A coin is a dollar in your pocket, and a token is an equity in your safe.

[boysnoel12]

Tokens are  utility that usually resides on top of another blochain but coins are alternative to bitcoin .

You are right but most tokens resides on ethereum network or as we call it ERC-20 tokens.

[sharecel]

The difference between coins and tokens are, coins have its own block chain while token does not have its own.

[thamee]

Coins are digital money that are fungible,divisible,acceptable,portable,durable and have an encryption techniques that stores value over a period of time.

Tokens are digital asset/share which can be used by a holder as method pf payment inside a project.There is no need for an encryption techniques when creating tokens.

[Crypto Prime]

This very good question in my opinion. because I also don't really understand about the difference in coins and tokens. and I also add the question if the coins with different tokens can be exchanged with coins or not?

[Silverstone]

im just confusing what is some difference between coins and token what is better to have?

Coins have their own blockchain while tokens do not have. Tokens are used in a bounty as payment for the bounty hunters