CloudlitWonder
Thu Aug 29 2024
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6 answers
1355
What are non-mineable cryptocurrencies?
Can you explain what non-mineable cryptocurrencies are? I understand that most cryptocurrencies are mined using complex algorithms and computing power, but I've heard about some that aren't mined. How do these non-mineable cryptocurrencies differ from traditional mined cryptocurrencies? What are their advantages and disadvantages? And are there any popular examples of non-mineable cryptocurrencies that I should be aware of?
BlockchainWizard
Thu Aug 29 2024
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5 answers
958
How much are non-mineable Cryptos worth?
Excuse me, but could you elaborate on the valuation of non-mineable cryptocurrencies? Are these digital assets determined by factors similar to mineable coins, such as scarcity and demand? Or do they rely on different metrics, like the strength of their underlying technology or the confidence investors have in their issuing companies? It would be insightful to understand how exactly these non-mineable Cryptos are assigned their worth in the market.
