Navigating the Crypto Seas: Differences Between Networks and Coins
Ahoy there, crypto enthusiasts! Captain John here, ready to guide you through the complex world of cryptocurrency. Today, we're going to be discussing the fact that different networks result in different crypto coins, and why that is. So, gather round and listen up, because you won't want to miss this valuable information. You see, just like how different cars have different engines, different networks have different coins. And just like how you can't drive a gas-powered car on an electric car charging station, you can't use a coin from one network on another network. But why is that? Well, it all comes down to the technology behind each network. The most well-known network, and the one that started it all, is the Bitcoin network. This network uses a technology called blockchain, which is a decentralized, digital ledger that records transactions. And the coin that runs on this network is, of course, Bitcoin. Now, let's say you want to create your own coin. You can...