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Forks, Miners, Airdrops and Other Crypto Terms Explained

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 This episode is part 5 of our introductory series to cryptocurrency.

Introduction to cryptocurrency terminology

In this episode we will cover:

  • What is an ICO – Initial Coin Offering?
  • What are utility tokens and security tokens, and what’s the difference between them?
  • What is a fork in a blockchain and why forking happens?
  • What is the role of DAOs – Decentralized Automonous Organizations
  • Who are miners and what are they doing?
  • What is the difference between proof of work and proof of stake?
  • What is an airdrop?

Original source: http://cryptoradio.io/crypto-terms-explained/

Forks, Miners, Airdrops and Other Crypto Terms Explained | Ecency