Cryptionary

Premining

pre-mine, premine, premining

1. definition

The mining of a certain number of coins prior to the cryptocurrency being made available to the public. This is generally done by developers prior to the source code being released to the public allowing anyone to mine.

1.2

Coins issued through an ICO are generally not pre-mined, rather they are simply created and distributed through a smart contract.

* All terms and definitions may update as the Cryptionary improves.

All terms

Limit order Liquidity Locktime Majority Attack Market Cap Market Order Masternode Maximalist Maximum Supply Mempool Mining Mining Pool Minting Baton Mnemonic Mooning 🌕Multi Signature Node OP_RETURN Opcode Orphan Premining Privacy Coins Private Key Proof of Stake Proof of Work Public Key Pump and Dump Rekt Replace By Fee Satoshi Nakamoto Satoshis Schnorr Signatures SegWit SHA-256 Shill Shitcoin Simple Ledger Protocol Simplified Payment Verification Stop Limit Order Testnet