Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on September 13, 2018, 06:24:44 AM
-
Maybe you are still confused about the difference between tokens and coins, from models, uses and values. So which of your opinions between the two of them is more often used and more valuable this year? I think coins are better.
-
I agree with you, the Token stands on a coin. so it would make more sense if the Coins had a higher value than the token.
-
I know a little, whether it's bad or not, if it's wrong please justify. if the token, the front of the wallet must be "0x" if the front coin must have been the initials of the coin, for example dogecoin in front of the wallet "Dxxxxx" and the NXT coin in front of "NXT-xxxx-xxx" and others.
If for good, which I prefer to choose coins, because it's common, hehe, if the token is still not used to me.
-
Maybe you are still confused about the difference between tokens and coins, from models, uses and values. So which of your opinions between the two of them is more often used and more valuable this year? I think coins are better.
Yeah, i think the two terms used to describe units of blockchain value are COIN and TOKEN. Their meaning and usage overlaps considerably and they are often used interchangeably, but strictly speaking, at least , there are some differences.
The express purpose of a coin is to act like money: as a unit of account, store of value and medium of transfer. Coins tend to take the form of native blockchain tokens like bitcoin (BTC), Litecoin (LTC), Monero (XMR), etc.
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 ).
I think coin are often used this year than token, may be because of constant ICOs that are being lunched.
-
I know a little, whether it's bad or not, if it's wrong please justify. if the token, the front of the wallet must be "0x" if the front coin must have been the initials of the coin, for example dogecoin in front of the wallet "Dxxxxx" and the NXT coin in front of "NXT-xxxx-xxx" and others.
If for good, which I prefer to choose coins, because it's common, hehe, if the token is still not used to me.
Yes, your explanation is correct. it's one way to distinguish coins and tokens by looking at the address of the coin or token. 0x ....... using eth platform. But I think every platform has a different symbol.
-
Maybe you are still confused about the difference between tokens and coins, from models, uses and values. So which of your opinions between the two of them is more often used and more valuable this year? I think coins are better.
Yeah, i think the two terms used to describe units of blockchain value are COIN and TOKEN. Their meaning and usage overlaps considerably and they are often used interchangeably, but strictly speaking, at least , there are some differences.
The express purpose of a coin is to act like money: as a unit of account, store of value and medium of transfer. Coins tend to take the form of native blockchain tokens like bitcoin (BTC), Litecoin (LTC), Monero (XMR), etc.
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 ).
I think coin are often used this year than token, may be because of constant ICOs that are being lunched.
Good explanation. Thank you for providing a complete explanation of tokens and coins. But my question for long-term investments is better to choose tokens or coins?
-
I prefer coins because coins have their own blockchain network. Whereas tokens do not have their own blockchain network. That's why coins have more value than tokens.
-
Maybe you are still confused about the difference between tokens and coins, from models, uses and values. So which of your opinions between the two of them is more often used and more valuable this year? I think coins are better.
If for good, which I prefer to choose coins, because it's common, hehe, if the token is still not used to me.That's why coins have more value than tokens.so it would make more sense if the Coins had a higher value than the token.
-
You can't really judge the overall market in two halves, there's a lot more to the question about whether a coin or token has more value. There are plenty of coins out there which either currently, or probably in the near future, hold almost no value; whereas there are some tokens out there, especially security tokens, which look to be great investments. There are pros and cons to each, so I definitely won't be judging any based on the simple fact of whether they are tokens or coins.
-
I am worth more coins than tokens. Because for me there are many Coins in Crypto and all of them have high potential and many have advantages in making a profit in the coin. I think the Token is nothing compared to the various coins in Crypto that are of good quality and worth investing in.
-
I would like to recommend this topic that discuss the difference of tokens and coins: https://www.altcoinstalks.com/index.php?topic=49189.msg267385#msg267385