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Crypto¢oin Corner

Information and Resources for the Cryptocurrency World


Cryptocurrency Prices  Useful Links and Information

Bitcoin (BTC)5441.81 (USD)-3.48%
Litecoin (LTC)58.58 (USD)-3.26%
Dogecoin (DOGE)0.0010321 (USD)-4.22%
Ethereum (ETH)305.77 (USD)-4.91%
Dash (DASH)291.20 (USD)-3.4%
Monero (XMR)87.86 (USD)-5.45%
Updated 18 Oct 2017 18:35:01 UTC

 



Cryptocurrency Glossary

TermDefinition
AltcoinTerm applied to any cryptocurrency other than Bitcoin. Bitcoin was the first viable cryptocurrency, all others are considered alternative.
BlockchainA blockchain is a database of transactions which is distributed across many platforms. It consists of blocks that contain transaction information. The blocks are doubly linked, thus forming a "chain" of blocks.
DeflationaryA deflationary digital currency has an upper limit on the amount of coins produced. For example, the maximum for Bitcoin is 21,000,000 and the maximum for Litecoin is 84,000,000.
FaucetA website that pays out tiny amounts of cryptocurrency. See our section on free coins.
Hash (value)A value representing (and shorter than) an alpha-numeric string. Determined using a hashing function.
Hashing FunctionAn algorithm that takes strings as input and generates a shorter fixed length value to represent each string.
InflationaryAn inflationary digital currency does not have an upper limit on the number of coins produced; thus the supply will keep growing. Dogecoin, for example, currently has no upper limit.
MicrowalletA website where very small digital payments are stored. When the balance is large enough, it can be transferred to a real digital wallet. Typically used to accumulate claims from faucets; these faucet sites deposit larger sums into the microwallet site, and the microwallet site disperses tiny amounts to faucet users when claims are made.
MiningMethod used to generate new coins for a cryptocurrency. See our section on mining.
Mining RigEnhanced computer with special ASICs, memory, GPUs, etc. used to mine coins.
SatoshiOriginally used to represent 1x10-8 Bitcoin (0.00000001 BTC). Now used for other cryptocurrencies as well, such as LTC, DASH, and DOGE, to represent that amount of fractional currency. Our Coin Values section explains this in more detail.

Faucet Links
Bitcoin (BTC)ListRotator
BlackCoin (LTC)ListRotator
Dash (DASH)ListRotator
Dogecoin (DOGE)ListRotator
Ethereum (ETH)ListRotator
Litecoin (LTC)ListRotator
Peercoin (PPC)ListRotator
Primecoin (XPM)ListRotator
Cryptocoin Glossary


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