In the crypto world, people often use the words coin and token interchangeably, but they actually serve completely different functions. The easiest way to remember the difference is that a coin operates on its own blockchain, while a token rides on someone else's.

#Crypto is a digital or virtual form of money that exists entirely online and doesn't rely on traditional banks or governments to manage it. Instead, it uses a secure, decentralized technology called a #blockchain , which acts like a shared, unchangeable digital ledger that records every transaction across a massive network of computers.

Because it is protected by complex cryptography, it allows people to transfer value directly to one another globally, quickly, and securely without the need for a middleman.