Snapshot (term)
From CryptoWiki
- From CoinInsider (9-4-2018):
"When it comes to specific timing of the initiation of a fork, one might want to be aware of the ‘snapshot’. If an investor is looking to transact in time to snap up some free coins, the snapshot date is vital to know. This is the point at which the developers take a snapshot of the ledger in order to duplicate and modify it and this happens at a specific block number.
For the forking process, the snapshot block number is the critical information to note and the calendar date only holds importance in understanding the block number. If an investor wants to join after the fork (or after the occurrence of the snapshot) they will not have the possibility of receiving free coins, or in cryptojargon they won’t “be in for the fork”."
