Lesson 1 / 5 · 8 min · take your time
What does this network actually do
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What does this network actually do
A share entitles you to a residual claim on a business. A entitles you to whatever the rules say — often: the right to hold it, transfer it, and hope the next person wants it. Some tokens also pay a fee, a vote, or a claim on a pool. Those extras are not automatically “earnings.” They are functions. Name the function.
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A share entitles you to a residual claim on a business. A entitles you to whatever the rules say — often: the right to hold it, transfer it, and hope the next person wants it. Some tokens also pay a fee, a vote, or a claim on a pool. Those extras are not automatically “earnings.” They are functions. Name the function.
Start with the job. Bitcoin moves bitcoin and keeps a scarce ledger. Ethereum runs programs and uses ether as fuel. Other networks copy, specialize, or dress up. If you cannot say the job without the word “ecosystem,” you do not have the job yet.
Then the ’s job, which can be different from the network’s job. A chain can be useful while its token is a casino chip. A token can be scarce while the network is empty. Do not let one sentence cover both.
This classroom lists teaching names so you can practice looking. A listing is not an endorsement. Absence is not a verdict. World search is , look only.
See it on the board: Ether
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