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MINEABLE VERSUS NONMINEABLE CRYPTOCURRENCIES

Оглавление

Where does cryptocurrency come from? Cryptocurrency can be mined — the least common form, actually — or it can be pre-mined.

To say that a cryptocurrency has been pre-mined, or is nonmineable, simply means that the cryptocurrency already exists. The blockchain is a ledger containing information about transactions. When the blockchain was first created, the ledger already contained a record of all the cryptocurrency that the founders planned for. No more will be added; it’s all there in the blockchain already.

Cryptocurrency All-in-One For Dummies

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