Sep 7, 2020 • 5M

Episode 23 - Tokens

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Gautam Dhameja
Welcome to 'Block Shots,' your guide to demystifying the world of blockchain in a clear and approachable way. Whether you're a crypto enthusiast or just starting out, our goal is to provide you with a solid foundation in blockchain technology. 'Block Shots' is your trusted source for blockchain education in a down-to-earth, no-nonsense style. Tune in, learn, and navigate the world of blockchain with confidence.
Episode details

Tokens are digital assets representing a user’s right to use a system/service/application or to participate in a process based on blockchain.

Tokens are similar to cryptocurrencies in terms of issuance and distribution, but they are different in terms of value. A cryptocurrency can be used as a medium of exchange, while a token has only utility or security value.

Let’s understand more in this episode.