Cryptocurrency "Coin" vs. Tokens

Cryptocurrency "Coin" vs. Tokens

Research in the field of cryptocurrencies is very deep, and when we focus on it, we find that there is a big difference between the cryptocurrency Coin and the distinctive symbol Token, which is used as a synonym for cryptocurrency.
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Technically, cryptocurrency Coin is a cryptocurrency and has its own original blockchain, and to clarify, we will show the following example: -

Bitcoin has its own and independent blockchain that records all transactions related to Bitcoin. They are recorded on the account ledger of the Bitcoin blockchain network, and transactions in Bitcoin are faster and easier than banks. The cryptocurrency Coin, which has a locally developed blockchain, includes Ripple, Ethereum, and Waves.

A token represents an asset or service and is located on another blockchain network. The available tools for the current blockchain will be used in cryptocurrency projects. Through it, its distinctive and special tokens will be issued instead of creating its own blockchain.

This confirms that the tokens do not have their own original blockchain token, and the blockchain platform widely used in cryptocurrency projects is the Ethereum blockchain, and its usage rate reaches 85 percent, and its token is issued through it.