I'm trying to understand if the term 'coin' refers to a cryptocurrency. I've heard people use it in this context, but I want to confirm if it's a correct and common usage within the cryptocurrency domain.
7 answers
Valentina
Wed Nov 27 2024
This means that each coin is inherently tied to the blockchain it originates from.
Nicolo
Wed Nov 27 2024
A coin represents a form of cryptocurrency that is native to a particular blockchain.
GangnamGlamourQueen
Tue Nov 26 2024
Meanwhile, "Bitcoin" with an uppercase 'B' is often used to denote the broader cryptocurrency ecosystem or network.
Nicola
Tue Nov 26 2024
The most prominent example of this is bitcoin, which serves as the unit of currency issued by its supporting blockchain system.