Tag: premine

Bitcoin Gold Devs Claim Their Premine is a Postmine

One of the main problems associated with the launch of Bitcoin Gold is the way this currency was created. It was not a live hard fork of Bitcoin, but more of a separate blockchain which airdropped coins to holders of Bitcoin. Moreover, there was also a major premine which is still in the hands of the developers. However, according to a recent blog post by the BTG devs, this is not your …
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Cryptocurrency Enthusiasts are Confused Over the Bitcoin Gold Premine Date

The number of Bitcoin hard forks is quite astonishing, assuming one takes all the lesser-known coins into consideration. Bitcoin Cash is the only hard fork to stand on its own right now, though it remains to be seen if the same will apply to SegWit2x moving forward. Things are a lot less clear when it comes to Bitcoin Gold, as there is a lot of uncertainty as to when this fork takes …
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Instamine vs Premine

In the world of bitcoin and cryptocurrency, there are some concepts that are considered to be highly controversial. An instamine and a premine are two types of coin distributions altcoin developers should avoid at all costs. While some people think an instamine and premine are exactly the same, there are some subtle differences between the two concepts. Let’s take a look at what makes these concepts so controversial and how …
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6 of the Largest Cryptocurrency Premines in History

There have been several dozen premined cryptocurrencies throughout the past few years. Not all of these projects amounted to much, although some of them successfully gained some traction in one way or another. Below are six currencies with significant premines, although not all of them used this concept for nefarious purposes. 6. Gulden It has to be said, the Gulden project had a 10% premine reserved for development, marketing, and …
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