Author

Threejackdaws

link 1000 eoy

supply

An Introduction to the First Mineable Token: Interview with Infernal_Toast

The Problem of ICO’s: new token projects are centralized because one entity  handles all of the initial coins and all of the the raised ICO money.

The Solution: the first decentralized mineable token on Ethereum.

After an rapid rise in the network hashrate [1], price fluctuations and a big  hype of ‘0xBitcoin on the Ethereum’ discussed on reddit and 4chan, many miners are jumping on the ‘first mineable token’. Besides a parabolic rise in the hashrate, we can also notice serious discussions about the implementation of the mineable token on Ethereum, We from Coinoid decided to have a talk with the Smart Contract deployer, Infernal_Toast and figure out why there is a mineable token created.