I'm trying to understand the distinction between ETH, which I know is the native cryptocurrency of Ethereum, and
ETH tokens. Are they the same or different? If different, what are the main differences?
7 answers
BitcoinBaronGuard
Sat Nov 09 2024
Ethereum and
Ethereum tokens possess distinct value propositions.
IncheonBeautyBloomingRadiance
Fri Nov 08 2024
Specifically, they represent underlying projects, services, or assets.
CherryBlossom
Fri Nov 08 2024
Ether (ETH), the native cryptocurrency of Ethereum, holds intrinsic value.
HanRiverVisionaryWaveWatcher
Fri Nov 08 2024
This value stems from its use as a medium of exchange for transaction fees.
CryptoChampion
Fri Nov 08 2024
The value of these tokens is thus contingent upon the success and performance of these representations.