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What's the difference between a protocol token and the scam tokens you usually get from ICOs?


One's a scam and the other isn't? I mean, it's just a question of whether the thing is legitimate, real, and non-fraudulent.


That's what I'm asking though. Are "protocol tokens" the same as regular tokens, technically speaking?


In the same way that mmorpg currency is.


A protocol token can actually be used to do something.


What is it then? How does it differ from regular tokens, from a technical point of view?


There is some program in existence which uses the tokens to fund or incentivise actually performing some useful action.


It's necessary for the network design.




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