Token

By CoinGecko | Updated on Mar 03, 2020
Tokens and coins are often erroneously regarded as interchangable terms. However, while both tokens and coins share technical similarity, tokens are ussually built atop a smart contract platform and is issued en-masse during its inception. Tokens grants its holders the right to take part in the issuing parties' network or product.

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Related Terms

Bullish
postive sentiment towards a market, believing an asset will increase in price
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
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