Tokens - Deepstash

Tokens

Token are not digital coins. Tokens are created on existing blockchains. The most common blockchain token platform is Ethereum and tokens from this platform are known as ERC-20 tokens.

There are also other tokens such as NEO, Waves, Lisk, and Stratis. NEO uses tokens known as NEP-5 tokens.

12

246 reads

CURATED FROM

IDEAS CURATED BY

micaldw

Hydrographic surveyor

People who are new to cryptocurrency often confuse the term "token" and "coin". This guide defines the two terms and provides some examples for a better understanding.

The idea is part of this collection:

Getting started with Cryptocurrency

Learn more about crypto with this collection

Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

Related collections

Similar ideas to Tokens

Building a smarter coin

Despite Mt.Gox and the Silk Road, bitcoin continued to enter the mainstream. At the end of 2014, Microsoft began accepting bitcoin payments. In 2015, other cryptocurrencies such as Ethereum - also based on the blockchain - began to emerge.

Ethereum changed the focu...

History of Altcoins

History of Altcoins

1. 2011: First altcoin, Namecoin, was created to provide a decentralized DNS (Domain Name System).

2. 2013: Litecoin, one of the most popular altcoins, was launched as a faster and more lightweight alternative to Bitcoin.

3. 2014-2015: Many altcoins emerged, including Dogecoin, Ethe...

Expanding blockchain technology

  • Ethereum was the most meaningful of the ICOs (initial coin offering). Many other companies followed, such as NXT Neo, Spectrecoin that were often tied to specific businesses and products.
  • In 2017, the US Securities and Exchange Commission (the money police) announced that financin...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates