Hey guys, first post here. I could use some help.
I just recently learned about pre-mining, and it looks like a lot of cryptocurrency creators choose to go this route. I did some searching online and didn’t find anything comprehensive.
It reminds me a bit of the Cantillon Effect and the printing of US dollars and those who first receive that money. But it also sort of reminds me of what a start up company would do, because hey, how else are you supposed to finance continued development.
It’s a confusing topic for me, but so far I’m aware of Bitcoin, Bitcoin Cash, Monero, and that’s all.
I want to make a list for myself and others to reference so that we can check the integrity of some of these projects.
Anyone know which cryptocurrencies were not pre-mined?
submitted by /u/Lucie_Goosey_
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