Cryptocurrency and Blockchain Dictionary
A complete list of crypto definitions
Cryptocurrency and blockchain glossary
Commonly used terms in the world of blockchain and cryptocurrency
Terms commonly used in the world of blockchain and cryptocurrency
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Airdrop
An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange for a small task, such as subscribing to a newsletter, sending a tweet, or inviting other people via a personal affiliate link. You can think of it as a marketing strategy in order to spread the word regarding new startups and their new cryptocurrencies.
The number of free tokens to be distributed via airdrops is limited. As you already know the airdrops are one type of event where interested users can participate in receiving crypto tokens for free. Not to mention the tasks you need to perform for getting the rewards can vary from platform to platform. Despite the fact that some airdrops may be time-consuming, they are one of the best methods to make money with crypto.
An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange for a small task, such as subscribing to a newslett...Other Important Terms
Bounty program
Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Tel...Anti-Money Laundering
AML is the abbreviation for ‘anti-money laundering. AML stands for policy and legislation on m...Smart Contract
A smart contract is a computer program or a transaction protocol respectively, which is intended to...Block Reward
The block reward is the payment that is offered to the node that is securing the blockchain. In the...Blockchain
Blockchain is most simply defined as a decentralized, distributed ledger technology that records the...Cryptocurrency News