Cryptocurrency Q&A
Is Ethereum a token or coin?
Is Ethereum a token or coin?
Alessandra
Wed Nov 06 2024
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7 answers
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I'm trying to understand the nature of Ethereum. Specifically, I want to know if Ethereum should be classified as a token or a coin. Can someone clarify this for me?
7 answers
mia_rose_lawyer
Thu Nov 07 2024
The reason behind this classification is that Ethereum runs on the Ethereum blockchain.
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TopazRider
Thu Nov 07 2024
Bitcoin serves as a prime example of a coin in the cryptocurrency world.
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SeoulSerenitySeekerPeace
Thu Nov 07 2024
To gain a clearer understanding of these distinctions, it is helpful to draw parallels with fiat currencies.
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CoinPrince
Thu Nov 07 2024
This is attributed to the fact that it possesses its very own blockchain, famously referred to as the Bitcoin blockchain.
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Giulia
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