Cryptocurrencies like Bitcoin can be “forked.” In simple terms, this either creates two versions of a coin or updates one version.

Sometimes new coins are created this way.

In other cases coins can be “airdropped” to people who hold existing coins for a myriad of reasons.

This section includes information on cryptocurrency forks and airdrops.



What is a Cryptocurrency Airdrop?

In cryptocurrency, the term “airdrop” is used to describe a type of distribution event for a cryptocurrency where tokens are distributed to existing wallets.


Monero (XMR) Hard Fork MoneroV (XMV) Explained

Monero (XMR) is forking to create MoneroV (XMV). The snapshot block is 1564965. Anyone in Monero in a wallet where they control their private keys before the snapshot will own MoneroV.


Waves’ Bitcoin Cash Airdrop Explained

The Waves platform is doing a Bitcoin Cash airdrop on February 22, 2018. To qualify for the airdrop, store Waves Community Tokens (WCT) on a waves wallet with the letters “B”, “C” and “H” in it.




Ethereum Classic “Airdrop” (Callisto) Explained

There is a Callisto (CLO) airdrop planned for Ethereum Classic (ETC) holders. A snapshot will occur at block 5500000. Those who held ETC during the snapshot will get CLO coins at a 1:1 ratio during the airdrop.