How do API tokens work?

Related questions

1. Is Basic Auth secure?
2. Should access tokens be encrypted?
3. Does Jira have an API?
4. What is MVC authentication?
5. What is HTTP basic authentication and how it works in rest?
6. What is basic authentication in REST API?
7. How secure is OAuth?
8. What is fix version in Jira?
9. Why is OAuth more secure than basic auth?
10. What are API tokens?

Tags

1. #present
2. #token
3. #attached
4. #cookie
5. #password
6. #initial
7. #credentials
8. #tokens
9. #storage
10. #authentication
11. #method
12. #generated
13. #could
14. #saved
15. #session
16. #browser
17. #local
18. #after
19. #users
20. #another
21. #username
22. #verifiable
23. #service