diyabharti962 - PowerPoint PPT Presentation
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diyabharti962
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Coins are based on blockchains, which means that each blockchain records all transactions involving its own cryptocurrency. Tokens exist in a digital record on the blockchain. But tokens aren’t money, as money is typically understood. Instead, they represent things. Often a digital token represents physical or intellectual property, such as a work of art, a piece of music or a book. The best-known example of this is the non-fungible token or NFT. Coins and tokens both represent a store of value, much like fiat currency, such as dollars, euros, yen, etc. But there’s a crucial difference: digital coins are a form of money, while digital tokens represent something that can be assigned a price. – PowerPoint PPT presentation
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Title: diyabharti962
1
Difference Between Coin And Token
2
What is a Crypto Coin?
A Coins are based on blockchains, which means
that each blockchain records all transactions
involving its own cryptocurrency.
3
What is a Crypto Token?
Tokens are similar to cryptocurrencies in that
they are a form of currency that is stored on a
blockchain and may be transferred from one
account to another. Their behavior is affected
by smart contract implementations. These smart
contracts keep track of the number of token
units transferred from one account to another.
4
Difference Between Coin And Token
5
Thank you
- www.lbmblockchainsolutions.com
- 91-8448443318
- GR Tower, 3rd Floor, Phase 8-A, Industrial Area,
Sahibzada Ajit Singh Nagar, (Mohali) Punjab
140308
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