Premining (Pre-mining), or pre-mining, of cryptocurrencies is when a part or a general supply is generated before its launch. This is the creation of a certain number of cryptocurrencies or tokens before the public launch of the project. This has its advantages and disadvantages. We can consider this using the example of more traditional finance, … Read more
Category: Mining
In bear markets, interest in the Bitcoin protocol usually weakens. Towards the end, only bitcoiners, “smart money” and miners remain. These agents are buyers of last resort, and they all have the same goal: to accumulate as many Bitcoins as possible before others start claiming it. And although, according to Coinmarketrate.com , there are more … Read more
Cryptocurrencies have firmly entered our lives. Today, you can easily go to WallBTC or BitTeam, and buy the cryptocurrency you are interested in. This has become commonplace. But there are issues that the crypto industry needs to solve. This is a question of the energy of critical assets. Mining cryptocurrencies, such as Bitcoin and Ethereum, … Read more
Masternodes are important participants in cryptocurrency networks. Not all cryptocurrency networks use masternodes, and not all masternodes work the same way. In 2014, the Dash cryptocurrency project was the first to implement the role of a masternode using the Proof-of-Service system, along with the widely used Proof-of-Work (PoW) mining. Masternodes perform additional functions and responsibilities … Read more