Fairly-mined refers to blockchain-based miningMining is the process through which cryptocurrency transactions are gathered, verified, and recorded into a digital ledger known as the... Read More where miners receive fair compensation for their efforts. With traditional methods, miners often do not receive fair compensation for their work. BlockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More technology allows anyone to participate in the mining process, regardless of location or resources. This approach makes the distribution of new tokens more fair and equitable. A fairly-mined model maintains fairness and transparencyTransparency in blockchain technology refers to the immutability and public nature of the ledger—allowing anyone to view transactions on the... Read More to ensure all participants have an equal opportunity to earn rewards. In fairly-mined models, regular adjustment to the difficulty required to achieve a block rewardIn the context of Bitcoin, one of the mechanisms built into its protocol is to have what is known as... Read More ensures blockGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More production remains steady.
