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How can it be backed? Unless they are not allowing any mining, and merely having a currency that can be traded like a cryptocurrency. If you can mine, it woul
by danschumann 9y ago
How can it be backed? Unless they are not allowing any mining, and merely having a currency that can be traded like a cryptocurrency. If you can mine, it would be worth something, and who would be backing that with oil? It'd be like giving away free oil.
- maneesh 9y agoIf it's an ERC20 token most likely it won't require mining. Most come premined