Could you please explain what exactly is meant by the term 'long live token' in the context of
cryptocurrency and finance? Is it a specific type of digital asset or token, and if so, what are its unique features and purposes? Are there any specific blockchain platforms or protocols that utilize long live tokens, and how do they differ from other types of tokens in terms of their longevity and sustainability? I'm eager to learn more about this concept and how it fits into the broader landscape of decentralized finance and digital assets.
5 answers
GeishaMelodious
Tue Aug 06 2024
Long-lived tokens in the realm of cryptocurrency authentication serve a crucial purpose. These tokens are designed to retain their validity for an extended period of 60 days, providing users with a seamless and uninterrupted experience.
KatanaBlade
Tue Aug 06 2024
The key feature of these tokens lies in their refreshability. As long as the token is at least 24 hours old but has not yet surpassed its expiration date, it can be refreshed, ensuring continuous access without interruption.
Stefano
Tue Aug 06 2024
This refresh process is contingent upon the app user's authorization. Specifically, the user must grant your application the `instagram_graph_user_profile` permission, allowing the app to securely refresh the token on their behalf.
EthereumEagleGuard
Mon Aug 05 2024
Once refreshed, the token resumes its 60-day validity period, starting from the date of the refresh. This mechanism ensures that users enjoy uninterrupted access to their cryptocurrency accounts and services, minimizing the need for frequent re-authentication.
SumoPower
Mon Aug 05 2024
Among the various cryptocurrency exchanges offering secure and reliable services, BTCC stands out as a prominent UK-based platform. BTCC provides a comprehensive suite of services, catering to the diverse needs of its users.