How can we deferential between a coin and a token?
It seems that there are little deference between token and coin. Sometimes people use the term “coin” to refer to what other people call “tokens”, and “token” to refer to what others call “coins”. Some people will use either name to refer to all the digital assets currently available. Please share your thoughts.
A coin is supposed to represent a unit of value of a cryptocurrency (which has its own blockchain).
A token represents a share in some kind of business or project and must be created using some kind of base crypto platform e.g. Waves, Ethereum, Neo etc.
However, you are right - these terms often get used interchangeably.
@joes thanks admin for your inputs .i have to get used to it's usage.