Origin Chain refers to the fundamental blockchain on which a cryptocurrency is initially deployed. It acts as the primary network that supports the assets and transactions of a given cryptocurrency.When a new token or project is created, it can either launch on its own chain or use an existing blockchain, typically one that allows for smart contracts. The Origin Chain provides the necessary infrastructure for transaction validation, security, and overall blockchain functionality.For projects built on existing platforms, the Origin Chain may influence the project’s capabilities, scalability, and security. Understanding the Origin Chain is crucial for developers and investors, as it affects everything from transaction fees to community support and ongoing development.In summary, the Origin Chain is the backbone that enables a cryptocurrency’s existence and operation, allowing it to function effectively in its ecosystem.
BitMine Reports $13.4 Billion in Crypto and Cash Holdings
BitMine Immersion Technologies on Monday reported total holdings of $13.4 billion in cryptocurrency, cash, and equity stakes, reinforcing its position