Blockchain

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Blockchain





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Blockchain : -

why cryptocurrency, why token you might have heard of those terms, but perhaps you don't understand what they mean, the terms are sometimes used interchangeably, but they are important differences, let me explain a cryptocurrency or a crypto coin is a digital currency where transactions and ownership data is stored in a digital Ledger, which is a blockchain and it is secured by cryptography, a token represents a set of rules encoded in a smart contract, each token belongs to a blockchain address it's essentially, a digital asset that is stored securely on the blockchain, for example, ether can be used as a cryptocurrency, but also has the most famous token called the ecr20 token, which has much wider functionality on the ethereum blockchain, so stay tuned for more educational videos, and see you in the next one.


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