Crowdholding

Crowdholding's Crypto Glossary - Week 1

Crowdholding's Crypto Glossary - Week 1

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Crowdholding's Crypto Glossary - Week 1

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Hello Crowdholders and welcome to our very first Crypto Classcool

The aim of the #CryptoGlossary campaign is to create a collection of crypto-related tweets and thoughts, a trustworthy and accessible knowledge base made by the community for the community.

Each week we'll pick a different word from the cryptocurrency ecosystem, and we want you to tweet about it and then vote the best entries here in the comments.

The 5 best tweets will be retweeted by the whole community in a dedicated Twitter Bounty!  yes

We hope this event will not only spark everyone's creativity and writing talent but also encourage critical thinking and constructive criticism.


Task

Describe/Explain the following crypto term in a tweet:

enlightenedALTCOINenlightened

Be as creative as you can, express yourself and do it in a way your grandma would understand

Example of barely passing the grandma test:


Rules

  • Max 1 submission per user
  • Min 100 characters
  • English only
  • No copy-paste allowed, creativity is a must!
  • Must tag @crowdholding in your tweet
  • Must use #CryptoGlossary hashtag
  • Must follow CH twitter profile

Submission Instructions

Leave a comment below including:

  • your definition of ALTCOIN
  • link to your tweet

Example:

Most altcoins are clones of Bitcoin with slight changes or modifications in transactions speeds, distribution methods or mining difficulty. Namecoin was the first altcoin, created on April 11, 2011.

https://twitter.com/LCrowdholding/status/1068277104448540674


Rewards

  • 5000 YUPs for comments and upvotes
  • 300+ retweets for each of the 5 winners


That's all for today, we are looking forward to seeing what you guys will invent and we can't wait to start creating the glossary together!

Class dismissed,

CH Team  heart





24 COMMENTS 79 VOTES

Most recent Most voted Most verbose

"Altcoin" is a combination of two words: "alt" and "coin"; alt signifying 'alternative' and coin signifying (in essence) 'cryptocurrency.' Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin.
@crowdholding #CryptoGlossary

https://twitter.com/Rascale_Gem/status/1071363648172498944

1 week ago

Altcoin is the contraction of the phrase "alternative coin". This designation refers to all cryptocurrencies other than bitcoin. Altcoins rely on DLT technology and incorporate other features and other validation protocols than bitcoin.

https://twitter.com/Anasse84/status/1069666729566064640

1 week ago

An altcoin is any cryptocurrency created and issued after Bitcoin. As the name comes from "Alternative Coins", they are considered as alternative versions for BTC and frequently acquainted with additional features to BTC's fundamental protocol.
#CryptoGlossary
@crowdholding

https://twitter.com/cryptofreak22/status/1069588966557523968

1 week ago

ALT COINS are alternative to bitcoin, bitcoin and alt coin in general can have many similarities like peer to peer transaction, mining process and so on.alt coins target the limitation of bitcoin examples are its long transaction time etc.
https://twitter.com/search?q=CROWD%20HOLDING&src=typd

2 weeks ago

TheCrypto .Tips

I do both things that measure our entire World => UX & TA

ALTCOIN - an alternate coin to your local coin which is completely virtual and highly volatile. If not used as risky investment tool there is no real reason to hold more then few 100$ of it because it is not highly acceptable as USD.

https://twitter.com/TheCryptoTips/status/1069235021909774339

2 weeks ago

@crowdholding #CryptoGlossary Altcoin literally means ALTernative coin in regards to Bitcoin, the first cryptocurrency based on blockchain that solved the double spending problem. Therefore Altcoins are cryptocurrency and use mostly blockchain technology.
https://twitter.com/fommes1/status/1068987645169188865?s=20

2 weeks ago

Ahmad Fz

Crypto Addicted

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@ahmadfz1
Bitcoin is bubble. Altcoins are alternative coins that are better than btc. new coins with better speed and smart contract are more valuable than bitcoin #CryptoGlossary
@crowdholding

https://mobile.twitter.com/ahmadfz1/status/1068987039310241793

2 weeks ago

@crowdholding Altcoin is an abbreviation of Bitcoin alternative, thus describes every single cryptocurrency except for BTC. They are referred to as so because, at least to some extent, most of them hope to either replace or improve upon at least one Bitcoin component #CryptoGlossary

https://twitter.com/tki92/status/1068857810727796736

2 weeks ago

Altcoin is any digital currency (cryptocurrency) that is not Bitcoin, it might have the same function as bitcoin but not necessarily
https://twitter.com/wajdisu/status/1068818223414562817

2 weeks ago

@crowdholding #CryptoGlossary A great part of Altcoins is based on a projects that could be services or things. This token could use for pay this project to grow up.

https://twitter.com/Gilbert0Golf/status/1068806400816676865

2 weeks ago

Altcoin (all other coins except Bitcoin) has a limitation that it can only be survived by compensating for Bitcoin's disadvantage.

https://twitter.com/ChangsungKim1/status/1068760863576743936

2 weeks ago

The term "Altcoins", as its name suggests, could be translated as "alternative currencies". It refers to cryptos derivated from the source code of Bitcoin. The important thing is their new functions/features that could be incorporated into Bitcoin.

https://twitter.com/clauminguella/status/1068508059385892864

2 weeks ago

This comment is not available, it has been removed for violating the code of conduct

2 weeks ago

This comment is not available, it has been removed for violating the code of conduct

2 weeks ago

I have just heard the project and am excitedly part of this family. I searched the project and immediately told the people around. It's really a great job. This project will do a lot. I will support the project to be among the biggest on the market. @crowdholding #CryptoGlossary
https://twitter.com/noyanyunusemre/status/1068458767589756928

2 weeks ago

Amir Shahzad

me.aamir1@gmail.com

Everyone Knows Bitcoin, Altcoins are Alternative of bitcoin or say, Coins with different functions, network and economic model. its just a modern version of Shares of any startup or business, however it uses Blockchain technology . @crowdholding #CryptoGlossary https://twitter.com/meaamir1/status/1068456655757737984

2 weeks ago

Altcoins are coins needed to perform a certain task, without having to give away private information such as bank details to complete the process.

https://twitter.com/CryptoNOK/status/1068388010629218305

2 weeks ago

Several coins have been introduced after Bitcoin. These coins seen as alternatives to bitcoin are called Altcoins. Bitcoin is a tree, the bitcoin protocol the branches and Altcoins the leaves. Altcoins are based on Bitcoin protocol.
https://twitter.com/kaabayahaya/status/1068262450947076096?s=20

2 weeks ago

This platform shows how much the bitcoin is big and alive, if we look well altcoins' father is always giving strength to new projects that shows how much technology after much benefit to the world society
https://twitter.com/LEVITACF21/status/1068249058597367808

2 weeks ago

If Bitcoin was a living thing, altocin would be the air he needed to survive. Bitcoin is valued in the market formed by altcoins. People can't live without air, bitcoin can't grow without subcoin.
https://twitter.com/erkancamli4/status/1068235626703659009

2 weeks ago

Altcoin is the branch of Bitcoin, Bitcoin is tree and branches are supported by the roots of Bitcoin So if BTC can not get enough water and minerals altcoins will suffer from it :)

https://twitter.com/sanacak1/status/1068232409701892097

2 weeks ago

Altcoin comes from the abbreviation of two words - “bitcoins” and “alternative”. This is any cryptocurrency, except Bitcoin.

https://twitter.com/Ole14638543/status/1068212279408156672

2 weeks ago

This comment is not available, it has been removed for violating the code of conduct

2 weeks ago

This comment is not available, it has been removed for violating the code of conduct

2 weeks ago