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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Bounty program
Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Telegram channel or by (re)tweeting. It could also be a bit more difficult like a translation job for example. The participants receive rewards in the form of coins in exchange for completing these bounties. The speed of completing bounty tasks depends on the task difficulty. Not to mention that some tasks can take hours to complete. Bounty programs are basically run for marketing and spreading awareness regarding the crypto launches. Usually, the bounty programs are initiated during or after the initial coin offering events.
Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Telegram channel or by (re)tweeting. It could also be...Other Important Terms
Double Spending
With digital currency, there is a risk that the holder could make a copy of the digital token and se...Block explorer
A block explorer is an online service to track blockchain transactions. It usually is a website wher...Blockchain
Blockchain is most simply defined as a decentralized, distributed ledger technology that records the...Cold Storage
Cold storage refers to storing cryptocurrency in a place where the private key cannot be accessed vi...Airdrop
An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange f...Cryptocurrency News
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