Tokens News

A crypto token is an asset based on the blockchain of another asset, which is called a coin. Part of the definition of tokens is that they do not run on their own blockchains — a key distinction in clearing up the token vs. coin confusion. 

Projects often build solutions on existing networks, such as Ethereum. Ethereum has a coin, called Ether (ETH), running on its blockchain. The majority of the tokens built on the Ethereum blockchain are ERC-20 tokens, or ERC-721 tokens if they are nonfungible tokens, or NFTs. 

Each project typically employs its own token, meaning that the token runs on the blockchain on which the project was built. An entity can create a cryptocurrency token for a number of reasons, including use within a broader ecosystem. ICO tokens were popular during the initial coin offering boom of 2017.

News
The proposal puts forward an “opt-in” token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and...
Reversible transactions could mitigate crypto theft — Researchers
Brian Quarmby
2022-09-26T05:02:04+01:00
693
News
While the commission is standard for Apple, some have expressed their displeasure at the company's “grotesquely overpriced” cut of sales.
'Grotesquely overpriced' — Apple's App Store wants 30% cut on NFT sales
Jesse Coghlan
2022-09-26T04:49:48+01:00
614
Interview
Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets."
Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder
Ciaran Lyons
2022-09-23T01:00:22+01:00
1378
Analysis
The Merge marks a turning point for the Ethereum network, but what are the consequences of switching to a new consensus mechanism?
Ethereum post-Merge hard forks are here — Now what?
Diana Aguilar
2022-09-22T15:33:00+01:00
4851
News
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.
GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
Arijit Sarkar
2022-09-22T14:00:00+01:00
1341
Explained
A growing number of physical items are being immortalized in NFT form. What are the opportunities here... and the challenges that need to be addressed?
Selling physical items as NFTs, explained
Chris Jones
2022-09-21T18:00:00+01:00
Analysis
Noncustodial wallets are more secure than custodial wallets, but it may take time for everyday, non-technical users to get used to them.
Are noncustodial crypto wallets a practical option for the everyday hodler?
Anthony Clarke
2022-09-21T15:11:00+01:00
2125
Analysis
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry.
Blurring the line between crypto and TradFi could redefine global finance
Shiraz Jagati
2022-09-21T14:09:00+01:00
1347

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