Difference Between Coins and Tokens

A crypto miner verifies transactions on a blockchain network in order to protect them and obtain reward currency. There is a lot of energy consumption, and technical skills are required to solve complicated riddles using powerful computers. Where as A token on a blockchain is a digital asset that may be used for a number of things, such as voting rights, storing value, or accessing a service. They don’t need mining since they are built on top of already-existing blockchains like Ethereum. One major difference between tokens and crypto miners is that miners use their processing power to create new currencies, acting as the crypto world’s security guards. Tokens serve as digital tools or credentials inside a blockchain environment.