What is Ethereum Token?
Are you an entrepreneur planning to issue Ethereum-based tokens? You might be looking around to find what ERC standards mean and how they important to you. This beginner’s guide should help to understand What is Ethereum token & how they are different than Ethereum? Before that just clarify yourself What is Cryptocurrency Coin & Token? Here we explained in simple words – Coins vs Tokens! Coins are stand-alone cryptocurrencies based on their own blockchain. Tokens are built and hosted on existing or another blockchains. Coin basically refers to cryptocurrency that has its own blockchain and works separately of other platforms at the same time token refers to cryptocurrency that operates and based its existence on another platform for example Ethereum. Hope you will get some major difference between about coins & Tokens! Let's come to our topic here - What are Ethereum-based Tokens & Standard Types? Here you may know the basic concepts of Ethereum a...