Cryptocurrency Q&A What is a dynamic token?

What is a dynamic token?

Margherita Margherita Sun Nov 10 2024 | 6 answers 1344
I'm trying to understand the concept of a dynamic token. Could someone explain what it is and how it works in simple terms? I'm particularly interested in its use cases and how it differs from a static token. What is a dynamic token?

6 answers

Maria Maria Tue Nov 12 2024
Unlike static tokens, which remain constant, dynamic tokens change regularly.

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Sebastiano Sebastiano Tue Nov 12 2024
A dynamic token represents a unique type of security credential.

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EnchantedSky EnchantedSky Tue Nov 12 2024
It is characterized by its ability to vary over time.

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SakuraSpirit SakuraSpirit Mon Nov 11 2024
An example of a dynamic token is the one used in Google Authenticator.

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SakuraFestival SakuraFestival Mon Nov 11 2024
This type of token generates a new code every 10 seconds or another specified interval.

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