In the crypto world, coins and tokens are often mentioned, but they aren’t the same. Here’s a quick breakdown:
🔹 Coin:
Blockchain: Operates on its own blockchain (e.g., Bitcoin, Ethereum).
Function: Primarily used as digital money for transactions.
🔹 Token:
Blockchain: Built on existing blockchains (e.g., all crypto on Ethereum blockchain).
Function: Represents assets or utilities used in DApps (Decentralized Applications).
In short, coins are like the currency of the crypto ecosystem, while tokens have a broader range of uses within specific projects. 🌐💰
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