All coins operate through their own blockchain and can be used as a means of payment. Almost all Altcoins are derived from the Bitcoin blockchain. However, some Altcoins have started their own system and blockchain (Ethereum for example).
Tokens are a kind of shares that lie on top of the used blockchain. With the tokens you can prove you as much percent of a specific system or blockchain ownership, that is, a piece of a project or business. Tokens cannot be used for making payments, but can be exchanged (trade) for Altcoins.
FAQ
- Who invented Bitcoin?
- What is Bitcoin?
- What is Blockchain?
- What is a Node?
- Wat is Cryptocurrency?
- What is an Altcoin?
- What are the differences between Coins en Tokens?
- What are Bitcoin Miners doing exactly?
- What is a Bitcoin address?
- How to store Bitcoins?
- What is an ICO?
- How to start trading crypto currencies
- Crypto definitions
- What is DeFi?