08-18-2021, 01:56 PM
Seriously. Know the difference between a coin and a token.
<!-- SC_OFF --><div class="md"><p>Coin and token are not interchangeable and it peeves me off when they call Bitcoin a token.</p> <p>Coins are crypto originating from their native blockchain, those that are created from the start as blockchains are given birth. Tokens are crypto built on <em>top</em> of a blockchain with smart contracts enabled.</p> <p>BTC, ETH, BNB are coins, for example. Tokens are stuff like USDC, UNI, AAVE, which are ERC-20 tokens on the Ethereum blockchain.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/globalWarmingCowFart"> /u/globalWarmingCowFart </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6b0fe/seriously_know_the_difference_between_a_coin_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6b0fe/seriously_know_the_difference_between_a_coin_and/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Coin and token are not interchangeable and it peeves me off when they call Bitcoin a token.</p> <p>Coins are crypto originating from their native blockchain, those that are created from the start as blockchains are given birth. Tokens are crypto built on <em>top</em> of a blockchain with smart contracts enabled.</p> <p>BTC, ETH, BNB are coins, for example. Tokens are stuff like USDC, UNI, AAVE, which are ERC-20 tokens on the Ethereum blockchain.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/globalWarmingCowFart"> /u/globalWarmingCowFart </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6b0fe/seriously_know_the_difference_between_a_coin_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6b0fe/seriously_know_the_difference_between_a_coin_and/">[comments]</a></span>Kind Regards R