What is Premine or Premining in crypto? Learn : All unmineable coins are actually 100% premined.
What is premine or premining in crypto ? 1 minute video!
Premining is the most important thing in Cryptocurrencies and the no1 factor behind the most scams out there.
nfortunately most people don't realize the importance of Premining / Allocating coins to a founder's address.
Even coins that are not mineable have premine. It is 100% and this enables their founders to fully control the supply and the market.
Always choose a project that has fair rules and 0% premine.
This is the very meaning of the original cryptocurrency idea : A network where there is no founder acting as central authority, owning or controlling the coin supply!
Cryptospedia.com is a free project, offered by the BITCOINZ Community in order to help people around the world by providing knowledge.
BITCOINZ (BTCZ) is a revolutionary cryptocurrency that follows the fundamentals of the BITCOIN : noble cause to free the worldwide transactions, Community driven, Proof of Work Mining, ZERO pre-ownership.
However, BITCOINZ is not a BITCOIN chain fork. It has added many extra features like optional zk-snarks privacy an faster tx speed, ASIC resistant algos in order to protect the miners' Community.
Additionally, BITCOINZ has a sophisticated Community Structure with an automated Community Fund raising mechanism, a max supply designed for easier non-decimal prices , and a rich dynamic Roadmap where the Community's ideas are constantly renewing it with innovative targets.
BitcoinZ had a 100% transparent launch , with no premine , no ICOs, no speculative halvings in the block rewards and fair rules for everyone.
Official sites:
Getbtcz.com
Btcz.rocks
Discord channel : / discord
Enjoy!
If you wish to support our work with a cryptocurrency donation please use this page :
https://getbtcz.com/support-us/
You will find QRs for BITCOINZ, KOMODO , DIGIBYTE, BITCOIN & VIDULUM Coins.
Thank you!!