Coin
Beginner
A cryptocurrency or digital cash that is independent of any other blockchain or platform. The key feature of a coin is that of a currency, and the term may also be used to describe a cryptocurrency asset that is not a token.
Unlike cryptocurrency tokens, coins are not intended to serve utility functions - such as to represent votes within a community or to denote storage capacity on a decentralized cloud storage. Instead, a coin operates on its own independent blockchain and acts like a native currency within a specific financial system. Accordingly, a coin is essentially used as a medium of exchange or store of value within a digital economic network. Most blockchains work as a decentralized, distributed ledger that tracks and verifies each transaction, and their native coins can only be transferred between participants of this particular network
