Token

Definition

A token is a digital asset created on an existing blockchain, representing value, utility, or ownership. Unlike native coins (BTC, ETH), tokens are smart contract-based. Token security inherits from the underlying platform—post-quantum platforms protect all tokens.

Technical Explanation

Token standards: ERC-20 (fungible), ERC-721 (NFT), ERC-1155 (multi-token). Tokens are contract state—balances stored in mappings. Transfers call contract functions requiring valid signatures. Token security = contract security + platform security.

Quantum impact: token transfers on ECDSA platforms are quantum-vulnerable. Attackers could forge transfers to steal tokens. Post-quantum platforms secure all token operations with quantum-resistant signatures.

SynX Relevance

Tokens on SynX are protected by SPHINCS+ signatures at every layer. Creating tokens, transferring, approving—all operations require quantum-resistant authentication. Whether native SYNX or smart contract tokens, quantum protection is built-in.

Frequently Asked Questions

What's the difference between coins and tokens?: Coins are native (Bitcoin, SYNX); tokens are contract-based (ERC-20s). Both can be quantum-protected.
Are my tokens safe on SynX?: Yes—quantum-resistant signatures protect all token operations.
Can I create tokens on SynX?: Yes—deploy token contracts with quantum-resistant security built into the platform.

Quantum-protected digital assets. Create tokens on SynX