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Crypyo tokens are a type of cryptocurrency and represent digital assets that reside on their own blockchains. A crypto token is a type of tradable digital asset that represents the specific use, services or assets issued on a blockchain. While coins are backed by. A �token� often refers to any cryptocurrency besides Bitcoin and Ethereum (even though they are also technically tokens). Because Bitcoin and Ethereum are by.

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Trustless means that no one central authority controls the system; instead it runs on the rules predefined by the network protocol. Another crypto token might give the token holder the entitlement to view 10 hours of streaming content on a video-sharing blockchain. A smart contract is a self-executing program that automates transactions.

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