WHAT IS DIFFERENCE BETWEEN #COIN AND #TOKEN

What is a coin?
A coin is a digital asset with its own blockchain network. It is also known as the blockchain's native token. It serves as a payment for transaction fees for utilizing the blockchain. Coins serve as a substitute for fiat money. Holders can exchange it for products and services. Unlike fiat cash, coins can be divided into fractions. Bitcoin, Ether, Litecoin, Dogecoin, and Monero are some of the most well-known coins. Every blockchain network has its own coin:

Bitcoin (BTC) is used and runs on the Bitcoin blockchain.

Ether (ETH) is a cryptocurrency that operates and functions on the Ethereum network.

Solana (SOL) is cryptocurrency that operates
functions on the Solana blockchain.

To explain further: The Ethereum network's native currency is ether. When users want to build a new block on Ethereum, they must pay a transaction fee to the validators. This fee is also known as gas.

Coins are used in the same way as fiat currency: an exchange of value. Frequently, they have no use other than money. But, some blockchains allow other functions such as staking. Stakers have a chance to
become network validators. Staking coins can also grant voting rights.

What is a token?
Tokens, unlike coins, do not have their blockchain. They are created on existing blockchains that facilitate the establishment of smart contracts, such as Ethereum. Tokens are typically generated for utility by decentralized apps. Anybody can create
tokens on any blockchain network.

Tokens allow developers to build services on existing blockchains rather than creating their own blockchain. It saves them time and resources.

HOW TOKEN CAN BECOME COIN ?

Tokens can eventually become currencies if the project develops its own blockchain and migrates its tokens as coins.

BTCs is Running on his own Blockchain , Satoshi chain

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https://www.btcs.love/invite/1u254