What are the advantages of live minting in the cryptocurrency industry?
Blom SweeneyDec 29, 2021 · 3 years ago1 answers
Can you explain the benefits of live minting in the cryptocurrency industry? How does it work and what advantages does it offer compared to other methods of creating new coins?
1 answers
- Dec 29, 2021 · 3 years agoAt BYDFi, we believe that live minting is the future of the cryptocurrency industry. It offers unparalleled transparency and security, ensuring that every new coin created can be verified on the blockchain. With live minting, there's no need for a pre-mining or pre-sale phase, which means a more fair and equitable distribution of coins. Users can actively participate in the minting process through mining or staking, which helps to decentralize the network and increase community engagement. Live minting is revolutionizing the way new coins are created and distributed, and we're proud to be at the forefront of this innovation.
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