Hacker News Reader

I think of blockchain currency as coins and currency issued by a blockchain as tokens (i.e. ERC20).

There's no fundamental difference. Currently there are implementation differences but those will go away. Eventually Ether will be ERC20 compliant.

>Eventually Ether will be ERC20 compliant.

Citation?

Ether is privileged on Ethereum. It's what mining gets you, it's what transaction fees are paid in, if proof-of-stake comes around, it will be what's staked, and any transaction can include some. I don't expect any of these to change.

I think the reference is EIP 101: Crypto Abstraction which is planned for the Serenity release.

https://github.com/ethereum/EIPs/issues/28

Thanks, that's interesting. I take back some of my incredulity from my previous post!

Reply on news.ycombinator.com