Check out our comprehensive cryptocurrency glossary to help you to understand the basics of Bitcoin, blockchain & cryptocurrencies.

Altcoin

All cryptocurrencies, coins or tokens other than Bitcoin are referred to as Altcoins. The term Altcoin is short for alternative coin. It alludes to the fact that Bitcoin emerged as the first or original cryptocurrency in 2009 and subsequent cryptocurrencies are classified as “alternative” or “alternate” coins. A prominent example of an altcoin is the…

Airdrop

An Airdrop is a marketing tool for distributing cryptocurrencies to the public in order to promote new blockchain projects. Most of the time, recipients do not have to fulfill any specific tasks to receive an airdrop, sometimes the holding of a certain number of coins or tokens is a prerequisite to qualify for an airdrop.…