Airdrop
By CoinGecko | Updated on Mar 03, 2020
Airdrop refers to the distribution of a reserve of tokens, usually to users who have completed certain actions or fulfill certain criterias.
Related Terms
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.