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cryptocurrency

Token

A digital asset created on an existing blockchain rather than its own chain.

Definition

A digital asset created on an existing blockchain rather than its own chain. Tokens can represent anything from governance rights to game items. Most crypto 'coins' are actually tokens on Ethereum or other platforms.

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Related Terms

Cryptocurrency

Digital money secured by cryptography and typically running on a blockchain.

ERC-20

The technical standard for tokens on Ethereum.

Smart Contract

Self-executing code stored on a blockchain that runs when conditions are met.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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