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. ðð’° #thesarahidahosa #sarahidahosa #crypto101 #Web3 #blockchain #web3education #web3communities #widbaddies #womenindefi
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