Tag: blockchain
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Coin vs Token for Community Projects
The coin vs token difference comes down to where the asset lives. A coin is the native currency of its own blockchain, while a token is created on an existing chain. A token is usually the lighter route for a community project. Readers new to the category can start with what is a community coin,…
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How Ethersocial Worked
Anyone asking how does ethersocial work is really asking what happens after a wallet sends coins. In short, Ethersocial followed Ethereum’s account model: signed transactions were gathered into blocks, mined, added to the chain and re-checked by nodes. This guide covers the mechanics only. The wider story of the ethersocial coin and its community has…