Coins versus token when it comes to cryptocurreny

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I have hinted it time without number that when it comes to cryptocurrency we will always have the opportunities to learn almost different things all the time. I have seen and heard people tagging cryptocurrency as the more you sneeze the more you loose. What they simply means that when it comes to cryptocurreny you have to be up and running all the time if not you will loose out on a lot of things. The moment you key into cryptocurrency you will see that there is always new project being launched all the time. Most of these new cryptocurreny project always make sure that they are always coming with their own imprint. What I mean is that those cryptocurrency project launching day in day out are simply bringing one or two things to the table. With that in place you will see that we have more and more new things being born into the cryptocurrency project and ecosystem. This is one beauty that we should be always happy about the moment we are in the cryptocurreny ecosystem. There is never a dull moment here.

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Since we have seen that a day hardly passes without one or two things being birthed into cryptocurreny, I will urge everybody to takes it serious. It will someday be a life changer and safer. one thing that we have seen is that when it comes to cryptocurrency we are bound to learn new things almost everyday, this for sure has makes the cryptocurreny ecosystem more entertaining just the way I hinted above. Such things keeps a project up and running. We all knows that there is no body out there that don't love to see his/her project doing well, nobody will be on that table, everybody are always happy seeing positive growth about their project all the time. There is this guy I introduced into cryptocurrency recently, do you knows that after about three (3) months, we were opportune to meet and speak and he is like I love the cryptocurrency ecosystem so badly. I asked him why he said, he replied by saying that a day hardly passes without him learning one or two things in the cryptocurrency ecosystem. He said that as a person who loves learning and boiling to the fact that he always love being inquisitive, he has grown to love the cryptocurreny ecosystem amazingly well and he doesn't thinks that there is anybody that can change his perspective towards the cryptocurreny ecosystem.

Do you knows that a day came and I had to seat down to think and mediate about how my cryptocurrency life has been. I found myself thinking for a very long time on that faithful day. Without much words, you have to see how I strongly believe in the cryptocurrency world and ecosystem right from that day. From then till now I am so grateful for the route that I took when it xomes to world of cryptocurrency at large. The decisions that I made on that day has been a life changer in my life. This is the more reason why when I comes across those who are still not taking part in cryptocurrency, I mean those who are seating on the fence, I am forced to always go close to them as I tried my best trying to lure them into cryptocurrency. I am so happy that up till now I have been able to win some souls into cryptocurreny why some is simply mission impossible, they promise to never key into cryptocurrency as they sees it as scam. With such mentality there is nothing you can do other than to show them your back side. All I wish for them is that something should touches their mind so that they can change someday because they are really missing out on a lot of goodies when it comes to the cryptocurrency ecosystem.

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Coin versus Token

Permit me to say this, when it comes to cryptocurrency and the blockchain at large, I must admit that the difference between token and coin is one thing that I have found difficult to understood over some time past. Since it is hard differentiating them you have to see how I keep referring to both as same. It took a very long period of time before I was able to read through doing different research about it. Well, the research went positive as I got what they truly means and with that I am now able to differentiate between them what they really means. What I am trying to say is that I can now differentiate between both of them and that is the more reason I have decided to blog, talked and educated people on what they both means also. I knows a lot of people who are into cryptocurrency for a very long period of time now and painfully they still doesn't knows what token and coin is when it comes to cryptocurreny. I will never blame them because I was on same boat before. It took a lot of commitment before I was able to knows the difference just like what I stated above. Cryptocurreny Coins simply means the native coin of that particular blockchain. Popular example is your Bitcoin, Ethereum, Lite coin, Hive coin, Solana, Minero, Binance etc. As per cryptocurreny Tokens, it is referred to as cryptocurreny token simply because it was launched or built on top of any blockchain. Take for instance if you build any project on top of Ethereum blockchain that project will be referred to as token. In a nusthell the moment you are running on top of blockchain then your project will not be called coin but rather token. A good example is you owning a land, it shows that the land belongs to you, any body that builds on that land without buying it from you will be tagged secondary owner and such persons can't claim ownership to that land for any reason. As regard to that, popular examples of cryptocurreny token is CYNX, Splinterland, woxdefi, cake, Ethplode, Opendao, Avinoc, Pain etc.

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I will love to end this post here, if you have anything else to say please air your view by commenting under this post.

Coins versus token when it comes to cryptocurreny | Ecency