Decentralized Mindset
What is a Token? "Tokens" are often used as a synonym for "cryptocurrency" (AKA "cryptocurrency tokens") because cryptocurrencies exist as tokens of data (a type of encrypted data used in both cryptocurrency and computer security in general). That said, sometimes people use the term token specifically refer to a digital asset that exists on another cryptocurrency's blockchain (for example OMG is an ERC-20 token on the Ethereum blockchain). That said, there is more to cover, so keep reading. In computer security and cryptocurrency, the term token is generally referring to a cryptographic string of numbers and letters that contains no real data but relates back to real data (that cryptographic code is a "stand-in" for real data). In computer security, this type of token can be called a "security token" (not to be confused with tokenized securities). OUR MISSION Decentralized Mindset Institute is the 1st state of the art Decentralize...