Thoughts on Tokens
Balaji S. Srinivasan

A great article, however the analogy of token purchasing being like transferring keys is confusing, when thinking from the underlying paradigm of asymmetric cryptography, where ones private keys are kept secret. Though I like the comparison to API keypairs. Perhaps a better analogy is that tokens are transferred into your box, which you’ve labelled with your public key and have the power to open with your private key.

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