Token is just another word for “cryptocurrency” or “cryptoasset”. But increasingly, it takes on somewhat more specific meanings depending on the context. First, describe all cryptocurrencies except Bitcoin and Ethereum (even though they are technically tokens as well). The second is to describe certain digital assets that run on top of the blockchain of another cryptocurrency, as many decentralized finance (or DeFi) tokens do. Tokens have a huge range of potential functions, from helping with decentralized exchanges to selling rare items in video games. But all of them can be traded or stored like any other cryptocurrency.
The launch of the Chainlink Reserve marks a pivotal moment for the Chainlink Network, establishing a strategic on-chain reserve designed…
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After Arbitrum published its own token, which got off to a great start, the scaling solution received a lot of…
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Dominica Crypto Adoption Happens! The small island nation appoints Tron as the country's official currency AND blockchain . Various tokens are also given official tender status. Other…
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Source: Den Rise Shutterstock VeChain has hit a significant milestone in terms of uptime and the number of processed blocks…
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Cryptocurrency-driven Crypto Charity Elongate announced Friday to donate $25,000 to Malala Fund as a seed funding. Crypto Charity Elongate released…
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