A note from Daniel

Blockchain networks use token incentives to motivate developers. Tokens are general computing primitives for representing ownership and they can represent units of value underpinning the economies of blockchain networks. Tokens used for this purpose are usually called native tokens; for example, ether is the native token of the Ethereum blockchain. Sometimes, in addition to being a financial incentive, native tokens can confer governance rights to their holders.

Daniel Read Write Own, page 129 · March 7, 2024 Save to shelf
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