Fungible Tokens

Digital assets with equal value and fungibility are referred to as fungible tokens. In other words, each unit of a fungible token is interchangeable with every other unit of the same token and is not distinct from them.

The majority of cryptocurrencies, including Bitcoin and Ethereum, are examples of fungible tokens since each one has a fixed value and can be exchanged for tokens of the same kind.

More Definitions

Fork

In the world of blockchain technology and cryptocurrencies, a fork is the division of the primary blockchain into two distinct branches.

Full Node

A full node is a computer or other device that maintains an accurate and complete copy of the whole blockchain in the context of blockchain networks.

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