Blockchain technology has brought about a new era of digital assets, and one of the key components is the token (代币). Tokens are essentially digital units that exist on a blockchain network. They can represent various things, from cryptocurrencies to utility tokens that grant access to services or products.

The term "token" is often used interchangeably with "coin," but they have distinct differences. Coins usually refer to native cryptocurrencies like Bitcoin or Ethereum, while tokens are built on existing blockchain platforms. For instance, ERC-20 tokens run on the Ethereum network.

Tokenization brings numerous advantages. It enables fractional ownership, making high-value assets more accessible. Additionally, it facilitates secure and transparent transactions. However, there are challenges too, such as regulatory uncertainties and potential volatility.

Understanding these terms is crucial for anyone venturing into the world of blockchain. Whether you're an investor, developer, or enthusiast, staying informed about tokens and their implications is essential. As the ecosystem evolves, so do the possibilities—opening doors to innovation and change. 🚀✨