While the terms ‘coins’ and ‘tokens’ are often used interchangeably, the former are primarily used as payment cryptocurrencies, whereas the latter have a wider range of applications.| 1inch Network Blog | Web 3, DeFi & Crypto news
Ethereum is a blockchain platform with a functionality for smart contracts, mostly used for decentralized finance (DeFi) applications and powered by Ether (ETH), its native cryptocurrency.| 1inch Network Blog | Web 3, DeFi & Crypto news
Bitcoin, as the first decentralized cryptocurrency, introduced the world to blockchain technology, paving the way for the overall expansion of the crypto space.| 1inch Network Blog | Web 3, DeFi & Crypto news
Blockchain technology offers a secure, transparent and efficient alternative for storing and transferring data, powering digital transactions.| 1inch Network Blog | Web 3, DeFi & Crypto news
Cryptocurrency operates on decentralized blockchain technology, enabling secure, peer-to-peer digital transactions without traditional intermediaries and offers a vast array of use cases beyond mere currency.| 1inch Network Blog | Web 3, DeFi & Crypto news