RE: MiamiCoin: Printing Money Out Of Thin Air
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I think anyone can mine it. The miners get a percentage of the tokens also. So it is open to all.
No reasons anyone else cannot get into it.
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I wonder then if they have any safeguards in place to keep rogue players from monopolizing all the mining.
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I have not looked into it close enough.
This is not set up by the City of Miami but the platform CityCoin.
They are rolling out 8 or 9 other coins. San Francisco is next.
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Ah, okay. That does change things a bit!