What is “Premining”

What is “Premining”

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...
What is “Instamining”?

What is “Instamining”?

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...
What is “Proof of Stake”?

What is “Proof of Stake”?

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...
What are the ICO Sales?

What are the ICO Sales?

 “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...

Pin It on Pinterest