Crypto-Currency
All Questions Ask about Crypto-Currency and Get Solution about Crypto.
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Help me with the lingo — crypto, coins, tokens, ICOs.
Crypto — umbrella term for all digital and/or virtual currencies Coins — Generally, any cryptocurrency that has its own separate blockchain Tokens — Generally, any cryptocurrency that is built on top of existing blockchain, e.g., some companies issue their own cryptocurrencies, called tokens, whichRead more
Crypto — umbrella term for all digital and/or virtual currencies
See lessCoins — Generally, any cryptocurrency that has its own separate blockchain
Tokens — Generally, any cryptocurrency that is built on top of existing blockchain, e.g., some companies issue their own cryptocurrencies, called tokens, which can be used to purchase goods or services specifically from issuing company
ICO — Short for Initial Coin Offering, this is analogous to a privately held company going public via an initial public offering (IPO)—a way to raise funds for a new cryptocurrency or expand services for existing coins
Cryptocurrencies and blockchain are the same thing?
Blockchain is a type of digital ledger. A digital ledger records transaction information and then duplicates and distributes the information across the entire network of computer systems on that ledger. A cryptocurrency, on the other hand, is a digital asset that is secured by cryptography, which maRead more
Blockchain is a type of digital ledger. A digital ledger records transaction information and then duplicates and distributes the information across the entire network of computer systems on that ledger. A cryptocurrency, on the other hand, is a digital asset that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
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