Once you know what a fair launch looks like, you can compare any coin against the standard. This guide gives you a repeatable method to put a premined coin and a fair emission like Malairte side by side and see the difference clearly.
Step 1: Gather the genesis facts for both
For each coin, pull up the genesis block and the earliest blocks. Note whether the genesis credits large founder balances. A fair emission has a clean genesis; a premine often does not.
Step 2: Reconcile supply against mined blocks for each
For both coins, multiply mined blocks by the schedule's rewards and compare to circulating supply. If one coin shows far more supply than mining explains, that excess is the premine. The fair emission should reconcile cleanly.
Step 3: Read both projects' own words
Compare the official documentation. One project may openly list allocations, treasuries, or token sale tranches; the fair-launch project disclaims all of them. The language itself is a strong signal.
Step 4: Look at early address concentration
Examine how supply was distributed in the first weeks. A premined coin often shows a few addresses holding a large share early. A fair emission shows reward payouts spread across many miners.
Step 5: Check who controls issuance
Determine whether new coins can only come from mining, or whether a team retains a mint function. Discretionary minting is the opposite of a fixed fair-launch schedule.
Step 6: Write down the comparison
Summarize each coin on a few axes: clean genesis or not, supply reconciles or not, allocations disclosed or none, distribution broad or concentrated, issuance fixed or discretionary. The pattern usually becomes obvious once it is laid out.
Interpreting the result
This method describes origin and structure, not value, and nothing here is investment advice. The point is to recognize a fair launch when you see one and a premine when you see one, using evidence rather than marketing. Malairte is built to pass this comparison on the fair side of every axis.