CryptoCoins were made famous by Bitcoin, but Bitcoin is designed just to transact and store ownership of Bitcoin itself. They are using a successor to Bitcoin called Ethereum which allows for arbitrary computer code to be executed on the blockchain and the results of the execution to be stored forever.
This is pretty cool! Normally code is run on a server somewhere and you basically need to trust the person running the server. Ethereum lets everyone execute the code, show each other what result they got, and agree that the code was executed properly and fairly.
It allows a user verify that there are indeed only 10,000 punks, check that we can't steal them from you, and basically make sure that everything we told you about the code is true. !! Ethereum(ERC20) -> BNB(BEP20)
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