ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Sunday Jul 22nd 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us
Token System

Definition of "Token System"

Essentially, a fungible virtual good that can be traded. In a blockchain ecosystem, a token system is a database mapping addresses to numbers; the primary allowed operation is a transfer of x tokens from A to B, with the conditions that x is non-negative, x is not greater than A's current balance, and a document authorizing the transfer is digitally signed by A. Secondary "issuance" and "consumption" operations may also exist, transaction fees may also be collected, and simultaneous multi-transfers with many parties may be possible. Typical use cases include currencies, cryptographic tokens inside of networks, company shares and digital gift cards.

Articles Related to "Token System"

ecosystem

Ethereum Payment Channel Raiden Launches New Testnet

Tim Prentiss
Jul 20th, 2018
law and legislation

UK Law Commission To Start Research Into ‘Smart Contracts’

Daniel Putney
Jul 20th, 2018
wallets and exchanges

OKEx, Malta Stock Exchange To Create Joint Venture Cryptocurrency Marketplace

Melanie Kramer
Jul 20th, 2018