Cryptographic token

Posted on In Application Layer Protocols, Blockchain, Cryptocurrency

What are Cryptographic Tokens or Crypto Tokens? Cryptographic tokens are tradable digital unit of assets that reside on blockchains.

Cryptographic tokens can be generally classified into two categories according to whether they token is fungible or not:

The blockchains for cryptographics tokens are usually decentralized and the tokens are hence usually also decentralized.

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