Coin
A coin is a crypto-asset native to its own blockchain. Examples are bitcoin on the Bitcoin network or Ether on the Ethereum network. A coin is distinct from a token, which is instead issued on an already existing blockchain managed by another project.
Coins generally serve functions related to network operations, such as paying transaction fees or rewarding contributors to network security. Their issuance follows the rules defined by the blockchain protocol.
Some coins are sometimes described as a “store of value“; however, this characteristic is not guaranteed and is debated, since the value of crypto-assets is generally highly volatile and can change significantly over time.
Disclaimer: This entry is for information purposes only and does not constitute investment advice, a recommendation or a solicitation to invest.