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Author Topic: Possible to premine a coin with the Ethereum platform  (Read 279 times)
cbreum (OP)
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November 01, 2016, 01:30:15 PM
 #1

Just wondering if it's possible to premine a new coin by the use of Ethereum?

If so, any guidelines for that?

Now let's say we premine 50 million coins.

We want people to "mint" (get interest) for keeping their wallets open and thereby generating new coins based on the amount of coins you have in your wallet. Is it possible with the Ethereum platform?


Rimbit did that, but sadly the man behind Mark Karlsson was a scammer.

Co-founder Echangere: https://echangere.com/
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November 01, 2016, 11:30:00 PM
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You can make a coin on Etheruem usually referred to as a meta-coin. You can also make a meta-coin on bitcoin.

Ethereum is switching to PoS, then people will be able to clone the network and 100% premine it if they want. PoS is the interest for having the wallet open thing. I would recommend Synereo over Ethereum if you want to do something more serious than write a few smart contracts that'll break later on due to a bug.

cbreum (OP)
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November 02, 2016, 08:35:03 AM
 #3

You can make a coin on Etheruem usually referred to as a meta-coin. You can also make a meta-coin on bitcoin.

Ethereum is switching to PoS, then people will be able to clone the network and 100% premine it if they want. PoS is the interest for having the wallet open thing. I would recommend Synereo over Ethereum if you want to do something more serious than write a few smart contracts that'll break later on due to a bug.

Thanks for your comment. Yes PoS coins are interesting and the way to go for a truly decentralized coin. I will give Synereo a look.

Thanks.

Co-founder Echangere: https://echangere.com/
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