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Coins and Tokens

31.08.2022

Coins are units of cryptocurrencies that have their own blockchain.  (For example, Bitcoin, Ethereum, Litecoin, etc.) They are used as a means of fixing the cost of a product.  The coin can be sold, exchanged for another coin or token.

 The token does not have its own blockchain.  It is released over the existing network.  This is a digital certificate that fixes the obligation of the company to the holder of the token – an analogue of a share in the digital world.

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