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…Though coins and tokens use distributed ledger technology (also known as blockchain technology), there are some significant differences between a coin and a token. The TLDR is: Crypto coins are a form of digital currency that are often native to a blockchain, with the main purpose of storing value and working as a medium of exchange. Crypto tokens are digital assets that are built on top of an existing blockchain (using smart contracts) and can serve a wide variety of functions, from representin…
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