Youtuber and all round good guy Blindrun from YouTube channel Son of a Tech asked Bram Cohen this evening for clarification about the prefarm and authorization for how to use it and got an extremely clear answer. In a nutshell, its a board decision that has not been ceded to the CEO. Bram or Gene…
Tag: prefarm
Finally a straight answer about the pre-farm
There have been a lot of questions, and a fair few number of confused answers, about the Chia Network prefarm – 21 million XCH held in two wallets by the developers. Based on previous answers it appeared that Chia Network planned on using the prefarm as a capital supply for market makers to ensure liquidity,…
Bram Cohen on the Chia Prefarm
Chia Founder Bram Cohen recently did an interview on Son of a Tech on a number of topics, but primarily on the 21 million coins that are not in circulation and held by Chia Networks, commonly known as the “prefarm”. The interview was really well done, and did not let Bram off the hook for…