Why Bitcoin Fair Launch Is Important

Why Bitcoin Fair Launch Is Important

Technology
November 23, 2021 by mvp00
8
Bitcoin is the world’s most secure and most decentralized cryptocurrency — but its fair launch is perhaps one of the most poorly-understood aspects of its history and one of the things that makes it so decentralized and unique. Many altcoins will typically use a launch mechanism called “premining,” which is the creation of a quantity
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Bitcoin is the world’s most secure and most decentralized cryptocurrency — but its fair launch is perhaps one of the most poorly-understood aspects of its history and one of the things that makes it so decentralized and unique.

Many altcoins will typically use a launch mechanism called “premining,” which is the creation of a quantity of blockchain-based tokens or coins prior to a cryptocurrency being made public. This is common practice in the world of centralized venture capital projects and initial coin offerings (ICOs).





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