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What does’ share ‘in mining mean

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What does' share 'in mining mean

What does share in mining mean? Share refers to the number and value of tokens generated by participating in a project or team. By sharing tokens, users can receive a portion of their project’s profits or the platform’s own revenue as a reward. When the project team conducts a specific event, they will use some of the tokens issued by the project to distribute them to others, so that they can earn corresponding tokens. These tokens are also known as “contribution values”, referring to participants allocating their knowledge to another person. Due to each person’s different experiences, there are different ways to obtain these tokens Specifically, share is a form of currency, which is a unit paired with it in a certain proportion, that is, the price of an asset (such as Bitcoin) is equal to the total number of holders; Either party must provide this funding in accordance with certain rules

Rarib mining

According to official sources, rib mining（ https://www.rarible.io/ ）, is an open source distributed storage network based on Ethereum blockchain. It supports various distribution mechanisms: decentralized, peer-to-peer transmission; Open anonymity; No trust exchange. Users earn rewards and voting rights by pledging tokens Currently, it has been running on Bitcoin for over 12 years, with nearly 20000 active wallets using the rib mining service every day. RABLE is one of the earliest wallets to support this feature. At the end of 2017, v1.1.0 version was released, and a feature called “zkSync” was also launched – making it easier for developers to start building their own projects and deploying them. This application allows users to contribute content to their community for free and publish their products on the Rarible platform. (Please note that this is not the first iteration update of rstable).

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