Cryptocurrency Q&A What is the difference between a token and a cryptocurrency?

What is the difference between a token and a cryptocurrency?

NebulaNavigator NebulaNavigator Wed Sep 04 2024 | 0 answers 0
Could you elaborate on the distinction between a token and a cryptocurrency? I'm curious to understand how they differ in terms of their functions, uses, and the underlying technology that supports them. Is a token always associated with a cryptocurrency, or can it exist independently? Furthermore, what are some examples of tokens and cryptocurrencies, and how do they differ in practice? I'd appreciate your insights on this topic. What is the difference between a token and a cryptocurrency?

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