The native currency of a blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More is the digital asset or tokenTokens are created and distributed on a blockchain and can represent a variety of assets or utilities, including commodities, loyalty... Read More used to power transactions on that particular blockchain. In most cases, the native currency is the currency used to rewardA reward is an incentive given to a miner who successfully hashes a transaction block. The reward for completing a... Read More miners for validating new blocks of transactions. BitcoinBitcoin is a cryptocurrency. It operates without the need for a central authority like a central bank or a company,... Read More is the best-known example of a blockchain native currency.
