The main differences between coin and token

in #coin7 years ago

The difference between coin and token is usually mixed. This can be explained most simply:
Since 2017, many projects use the Ethereum smart contract. Because it is easier to create an ico or create an organization on this platform.

Among them are those who publish their SDK and switch to a unique Blockchain system. For example, EOS. Some of the most popular projects in the future will be able to change to their blockchain systems. At that time, they are no longer a token, and they turn into coins.

In short, we can say:

Token - An asset created using a coin subsystem.

Coin - A BTC copy developed with its original block book.

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