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Glossario (8)
Hard Fork
Refers to a situation where a
new
kind of Blockchain is diverted from the original.
Difficulty Target
The level of difficulty at which a
new
block is created every 10 minutes.
Squid coin
Squid coin marketed itself as a play-to-earn cryptocurrency that can be used to play in a
new
type of online game.
Mining a Block
When miners help create a
new
block, they will get 6.25 Bitcoins as a reward. This process of updating the public ledger is called mining a block.
Forked Coin
It is a
new
cryptocurrency generated from a blockchain_s hard fork. e.g BCH is BTC_s fork coin.
Copycat Coin
All cryptocurrencies except Bitcoin can be called a copycat coin. However, they are not counterfeit, but rather a
new
kind of coin developed based on Bitcoin source code.
Block Reward
Refers to the rewards that miners receive for finding
new
blocks by using mining devices. Different cryptocurrencies have different rewards based on respective blocks in the blockchain.
Bitcoin Gold
It is a
new
token created by a hard fork of the original open-source cryptocurrency which took place on October 24, 2017, with a total issue amount of 21 million.
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