Quote from: The-Devil on December 28, 2019, 03:09:28 PM

There is a huge difference between a cryptocurrency coin and Token. Both crypto coins and Token are cryptocurrencies. But Still, there are differences.

Those cryptocurrencies that have their own blockchain are called cryptocurrency coins. Such as Bitcoin, Lite Coin, Ethereum, etc. I mean, A cryptocurrency coin uses its own blockchain to perform its functions. Cryptocurrency coins are like real money. You will be able to use crypto coins as real money even though the crypto coin is not a physical coin. It has the store value and the exchange value.

And Token is a Digital Asset. Token has no blockchain of its own. Token uses another's blockchain to perform its functions. That is, Token executes transactions using someone else's blockchain. Such as Basic Attention Token, ZRX token, etc. However, most tokens use Ethereum blockchain. The token that uses the Ethereum blockchain is called the ERC 20 token.

A token is a digital form of an asset. This is not a coin. A token can not be used on all occasions. But crypto coins can be used everywhere. The acceptance of cryptocurrency coin is very high. On the other hand, Token's acceptance is very low. So these are the differences.

But both are under in one roof? i mean all are crypto.