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An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [1]
2. Airdrop Scam. Airdrops are promotional strategies in the cryptocurrency space that distribute free tokens to attract users and generate interest in new projects.
A dusting attack or dust attack is an attack on a cryptocurrency wallet that sends tiny amounts of cryptocurrency (known as "dust") to that wallet in order to uncover the identity of the wallet's owner. [1] Information can then be used to obstruct receiving legitimate payments [2] or phishing scams. [1]
Airdrop [ edit ] The developers used the Kennitala national identification system to give away 50% of the total issuance of Auroracoins to the population of Iceland, a process known as an airdrop , hoping to bootstrap a network effect and introduce cryptocurrency to a national audience.
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments, like dollars or euros, cryptocurrencies operate on ...
An initial stake-pool offering (ISPO), also known as an ISO, is a novel variation of an ICO for funding cryptocurrency projects. In an ISPO, users stake their cryptocurrency holdings (mostly notably ADA) through a stake-pool operated by the cryptocurrency project. [26] The first formal ISPO, and so far most successful, was launched on July, 1st ...
Cryptocurrency is a highly speculative area of the market, and many smart investors have decided to put their money elsewhere. For beginners who want to get started trading crypto, however, the ...
China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. 2014 MazaCoin: MZC BTC Oyate Initiative SHA-256d: C++ [39] PoW: The underlying software is derived from that of another cryptocurrency, ZetaCoin. 2014 Monero: XMR Monero Core Team RandomX C++ [40] PoW