Arashtad

Fungible tokens are interchangeable. one unit is the same as another. Whereas non-fungible tokens are unique. No two units are alike. Token fungibility is determined by its degree of divisibility. For example, a Bitcoin can be divided into 100 million smaller units known as satoshis, which are interchangeable. As a result, each Bitcoin is fungible. However, Ethereum's native token, Ether, is not fungible. This is because it is not divisible. Rather than being divided into smaller units, one Ether must be exchanged for another Ether. What are Tokens? Crypto tokens, or tokens representing assets, are a type of cryptocurrency. Blockchain technology and Ethereum are here to stay, regardless of whether you believe it. Crypto tokens represent an asset and can be anything of value. NFTs are the next significant evolution in this ever-changing digital world, as cryptocurrencies are proving their legitimacy and value. The pandemic accelerated digital technological changes ov...