What is a token? How does it differ from a cryptocurrency?
A token is a digital asset based on the blockchain, although it is unrelated to how the
blockchain works. It varies from a cryptocurrency in this regard. The process of creating a
cryptocurrency, such as Bitcoin, the cryptocurrency of the Bitcoin blockchain, or Ether on
Ethereum, is incorporated into the process of continuing its original blockchain. Tokens sit on
top: they're actually a type of smart contract that sends credit/debit instructions to the