A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Ransomware
Ransomware is a type of malware (malicious software) that has the final goal of convincing victims to pay for a decryption ransom in order to recover their compromised files or system. The payments are normally asked in digital currencies that are difficult to be traced, such as Bitcoin, Monero, or any other cryptocurrency.
Coin
Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.
Off-Chain
All network users can see on-chain transactions because they are recorded on the distributed ledger. Off-chain transactions, however, take place away from the blockchain network