Coin: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Correct typo 'ethereum'.) |
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A cryptocurrency coin is one that has its own blockchain. | A cryptocurrency coin is one that has its own blockchain. | ||
Examples include Bitcoin, Litecoin, | Examples include Bitcoin, Litecoin, Ethereum and Ripple. | ||
Contrasted with ''tokens'', which do not have their own blockchain. | Contrasted with ''tokens'', which do not have their own blockchain. | ||
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* [[Currency]] | * [[Currency]] | ||
* [[Digital currency]] | * [[Digital currency]] | ||
* [[Ethereum]] | |||
* [[Fiat currency]] | * [[Fiat currency]] | ||
* [[Fungible]] | * [[Fungible]] | ||
Revision as of 13:07, 21 July 2022
1. Blockchain - cryptocurrency.
A cryptocurrency coin is one that has its own blockchain.
Examples include Bitcoin, Litecoin, Ethereum and Ripple.
Contrasted with tokens, which do not have their own blockchain.
2. Currency - money - small denominations.
Small denominations of physical money, made of low-cost metals or other low-cost material.
3. Currency - collectable - investment.
Investment coins made of precious metals, usually gold.
Some have a nominal face value, but the market price greatly exceeds the face value because of the precious metal content.
Examples include the American Gold Eagle, South African Krugerrand and British Sovereign.
