Re: [ANN] STRAKS - Decentralised, Open Source, Community Driven Digital Currency
Is there going to be any 'premined' coins or will the first coins on the chain be made after block 10080?
There is SWAP premine and some small part for development and such. But not a single block has been mined yet (with reward), all blocks are 0 so far
we will all start fresh and fair.It looks like there will be 41,250,000 coins to begin with. It would make sense for the initial price to be 1k sats (which is ~4x current signatum price) which would give the coin a market cap of ~3.3m. The coin is going to have to be worth much more though to attract miners, as even if you control 10% of the hash power, that is ~60 coins per hour which would only be ~$5 per hour.