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In our podcast series, we give you insights into one of the most innovative and powerful blockchains in the world: MultiversX. Whether DeFi, Staking, NFT or other topics: We explain important terms from the world of MultiversX and cryptocurrencies, simply and understandably. Our interview partners explain the latest developments in the MultiversX ecosystem and present application examples and use cases of the MultiversX blockchain.
Episodes
Wednesday Nov 10, 2021
#015 | Coins vs. Tokens | Do you know the difference?
Wednesday Nov 10, 2021
Wednesday Nov 10, 2021
Coins and tokens, is there a difference? Yes, Coins are cryptocurrencies that are based on their own blockchain. Cryptocurrencies that run on pre-existing blockchain protocols are called tokens. Token standards, such as the ERC-20 and ESDT standards, allow additional cryptocurrencies to be created on top of existing blockchain protocols.
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The content discussed in this episode is for general information purposes only and is without warranty. This is not investment advice. You decide for yourself what to do with your money.
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