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What does token wallet mean (token bzz)

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What does token wallet mean (token bzz)

What does token wallet mean? Simply put, blockchain technology is used to achieve the management and use of digital assets. For example, you can store a Bitcoin in your wallet. If you want to remember that it is a password, you can store the Cryptocurrency in your device or on your smartphone. But this does not guarantee that the private key is lost or stolen, because if you don’t have anything in your pocket, you can take it out and save it (like a paper book). But when a person wants to transfer something to another place, they can use these things to purchase items. According to official information, the decentralized token bzz (bitcoinZu) has been launched and traded on Coinmarketcap. It is reported that bZZ is the first ERC20Token issued based on the Bitcoin blockchain, jointly created by BitZero, 0x, and 0xb, with a total of 100 million pieces, of which 50% are locked in the project vault, and the other 30% are released through liquidity mining; 40% for airdrop to community members; 20% can be pledged to reward those who participate in project governance. Currently, only the BZZ token transfer in the Ethereum ecosystem is supported. (Medium)

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