Bitcoin price predictionNew Cryptocurrencies

Difference between COIN, TOKEN and PROTOCOL – Programmer explains



Watch live: https://ivanontech.com/live.

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50 Comments

  1. Protocol layer should be split. Protocol and platform. Unfortunately, there is poor separation between the two leading to “one ring to rule the all”. Ethereum the protocol becomes part of Ethereum the platform which can support multiple coins

  2. 433K subscribers……… i think you did have fans dude !!!!!!!!!!!!! well done to ya….. love your content !!!!!!!!!!!!!!!

  3. To clarify – Ethereum, Bitcoin, Neo etc, use their own separate blockchain, they don't all tie into the same single backend.

  4. I would put the blockchain under each of the coins/protocol… each of them have their own blockchains…

  5. You talked and promoted and talked and promoted and promoted (and PROMOTED and PROMOTED) for almost 17 MINUTES…
    … and in the end you DIDN'T ONCE DEFINE the term "TOKEN", which means you also DIDN'T DIFFERENTIATE it from COINS or PROTOCOLS.

    This is what happens when people (even "experts") learn the HOW before they even learn the WHAT.
    This is also how MONKEYS can be taught to FLY SPACECRAFT…
    … but that DOESN'T make them ASTRONAUTS, now DOES it?

    HOW 2.8 THOUSAND people "LIKED" this is utterly BEYOND me.

  6. Hi if i want to build a crypto exchange website do i need to connect to the protocols or connect to third party company like binance.

  7. Wow, I have returned to watch. I left after 2 mins of nothing last time but I think you have information I need, so I am back. I will start at the 5 minute mark and see if you are finally on topic….

  8. Investing in Bitcoin and Altcoin is the key. I encourage investors to invest with expert guidance.

  9. Hi Ivan. BTC has token. There is a network called RSK, that adds a sidecar to BTC allowing to have smart contract over BTC ( rBTC that is a BTC over RSK). There is a nice ecosystem called Money on Chain, that even has a stable coin(DoC Dollar on Chain) and a BTCx2 leveraged position. Check RSK and Money-on-chian. Cheers. Great channel

  10. Thank you for sharing! That's very helpful. You clearly identified that coins are the native digital asset over the network, which are defined by the protocol while tokens are higher-level digital assets built on top of that and defined by the smart contracts.

  11. Discuss about Di tengah-tengah prospek ekonomi yang merosot untuk ekonomi AS dan kemungkinan bekalan monetari yang terus meningkat, yang melemahkan dolar dan menimbulkan ketakutan inflasi, kami percaya ia dapat dengan mudah menguji paras tertinggi sebelumnya di atas $ 19,000 ketika para pelabur mencari tempat selamat dari aset tradisional, "Kata Simon Peters, pakar aset kripto di platform pelaburan global eToro topics
    Callange to all crypto programmer about crypto transaction confirmation time Vs master card transaction time . . How fast developer pgrommer can do it ? .
    Master card can do 5,000 transaction persecord .
    But so sad , Bitcoin everage transaction time is 30 minute per one transaction . This is very slow.
    When crypto can surpass this ?
    The faster transaction no 1 is EOS
    One traction 1.5 Secord only
    But still afar away from 5,000 persecord .

    This is callange for all programmer to create new system .
    How to make transaction more faster ?
    How to reduse low electrical energy ?
    Why master card more faster from crypto ?

  12. Thanks Ivan. Just to let you know a guy basically cloned your twitter page acted like you and tried to get me to pay him to mine for me lol. Probably nothing you can do about it, he even copies your tweets. It wasn't till I saw his follower count that I caught on

  13. Is it okay to say that smart contracts use coins (Ether) to perform transactions on the blockchain and dApps clients use tokens?

  14. Small Question how can ethereum & bitcoin become protocol. i think PoW & PoS are the protocols

  15. This really helped me understand things. It's the video I've been looking for ever since I first heard about blockchain. Thanks, Ivan.

  16. Good video. However not enough precise regarding token. Indeed why use a token if you run a dapp on a specific blockchain let s say ethereum for instance ?

  17. This could have been done in a 1 or 2 page PowerPoint, and explained at a high level in less than 3 minutes. My bitch is all the fluff around the discussion. I like your show none the less.

  18. I think something is missing from this explanation. Protocol and coin need to be separated to better understand that the protocol is moving information in the form of a coin (if I am understanding this correctly). Similar to how TCP-IP moves packets of data around.

  19. Did you mean protocol is like waiter, in real world, somebody come and make his order and than waiter goes to kitchen, give them the order, and than take this and bring that order to the people who is order that, or like ham between bread and cheese in sendwich…? 🙂

  20. So if some Ethereum token increases its price, it should increase the price of ETH too? because they are using ETH behind? and more important, what happens when some token decides to move from their network, right now we have the case of EOS and TRON moving from Ethereum, and some people says that's why ETH is falling so strong, because they are selling a lot of ETH, I'm a bit confused about this, what is the relation between the tokens and ETH?

  21. Blockgrain company shares is going to be taken by the Cargill , american based company , is it worth to invest in it , please help me

  22. As my modest experience shows, this is one of the best exchanges. The platform in HitBTC is fast, it works very fast, that is especially important for short-term trading. The commission is minimal, and pleases the speed of transactions in the withdrawal.

  23. Friends, pay attention, on the Internet today all the benefits of TokenGo are visible. Be sure to think about buying tokens. TokenGo is unique in its own way! And not only people began to be interested in buying TokenGo Tokens, but other projects and portals began to support this project.

  24. I want to note that the TokenGo project has a convenient and understandable Bounty, as well as a very interesting bonus referral program. The project has good prospects, and now a very favorable price for a token.

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