The term cryptocurrency token can be used to represent many different forms of "tokenized data" that represents a cryptographic string of letters and numbers. For example, a cryptocurrency token can be used to describe a cryptocurrency such as Bitcoin, or be used to refer to a digital asset existing on another cryptocurrencies blockchain such as an ERC-20 token on the Ethereum blockchain. If no specific context is given a token should be assumed to represent a cryptocurrency that exists on another cryptocurrencies blockchain.
Crypto tokens and the coming age of protocol innovation
Crypto tokens: A breakthrough in open network design
Keepers: workers that maintain blockchain networks — when designed correctly, tokens can act like rocket-fuel for driving network effects by incentivizing desired behaviors
Mental models for understanding tokens
Nick Tomaino and Chris Dixon
Thoughts on tokens
Documentaries, videos and podcasts
- Ripple (cryptocurrency)Ripple is a global currency exchange and remittance network that aims to lower the cost and improve the speed of international bank transfers relative to legacy financial infrastructure.
- EthereumEthereum is an open-source, public, distributed blockchain computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.