Premining is the creation of a number of crypto coins before the cryptocurrency is launched to the public and their allocation to specified coin addresses. Premining has a negative connotation in the cryptospace due to the ability of developers to privately mine and...
Instamining (from the words “instant” and “mining”) is usually used alternatively for premining in the cases where closed groups , usually consisted of the developers of a cryptocurrency project, mine a huge number of the coins before launching...
Proof of Stake (PoS) model states that a person can validate block transactions according to how many coins he or she holds. This means that the ownership (stake) of more coins leads to the increase of the validating power and the associated rewards. What all...
“ICO” comes from “Initial Coin Offering” and it is a procedure that acts as a way to raise funds, when a company is looking to raise money to create a new cryptocurrency, application, or service. It has the same logic with the stock IPO...
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