How tokens are created - Deepstash

How tokens are created

Creating a token takes little technical ability, but it requires the developer to spend some native coins to the blockchain on which the token is being created.

For example, a creator will need to spend some Ether to create a token on Ethereum. This is used to get the miners to validate the token transaction.

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micaldw

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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

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