The systematic study of past human life and culture by the recovery and examination of remaining material evidence, such as graves, buildings, tools, and pottery. [French archÃ©ologie, from New Latin archaeologia, from Greek arkhaiologiÄ, antiquarian lore : arkhaio-, archaeo- + -logiÄ, -logy.]
Mining. In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network.
Major fortunes, millions of dollars in some cases, have been made and lost with alt-coins. So, it might be in your interest to keep reading and then continue with your research of the alt-coins and application coins. Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in the Bitcoin price. That is what happens when it goes from $0.05 to $1,200 in four years. Millionaires get minted! With the initial innovation has come an explosion of 'alt-coins'.