Will-123 PORTALLATINO
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A TOKEN and AN ASSET; Differences and their definition:
A token is not necessarily equal to an asset in cryptocurrencies, although they are closely related and the distinction may be a bit subtle for newcomers.
Here I explain the key differences:
* Asset in Cryptocurrencies (or Cryptoasset): This is a broader term that refers to any digital asset that uses cryptography for its security and that generally operates on a blockchain. It includes:
* Native cryptocurrencies: Like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc. These are the main coins of their respective blockchains and have their own independent network.
Here I explain the key differences:
* Asset in Cryptocurrencies (or Cryptoasset): This is a broader term that refers to any digital asset that uses cryptography for its security and that generally operates on a blockchain. It includes:
* Native cryptocurrencies: Like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc. These are the main coins of their respective blockchains and have their own independent network.
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