Post
Topic
Board Altcoin Discussion
Re: A 'coin' and a 'token': know the difference
by
Red-Apple
on 29/07/2019, 09:09:00 UTC
it is because the word "token" means any item other than physical coins and paper money. for example those small "disks" that you see in casinos are also called "tokens" which act as currency within that casino space. so people sometimes refer to any cryptocurrency as "token" too.

and if you want to get too technical then ethereum is not a "coin" or a cryptocurrency' ethereum is a platform which itself has a token called "ether" or in its short form "ETH" that is used as the fuel for smart contracts.