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Bootstrap

Neatcoin's bootstrap consists of in total two things.

First, we need to handle the genesis block balance allocation. The whole genesis allocation of Neatcoin will be done by taking a "fancy snapshot" of another Proof of Work blockchain, called Kulupu. The allocation process, as well as details about how Kulupu holders can participate, are documented here.

Second, when the genesis block starts to run, we aim at only putting the necessary minimum information into the blockchain. This includes all genesis allocation, together with keys of PoA validators. The network then switches to PoS, setup the technical committee as well as registrars, input existing ICANN TLDs, and setup a first-come-first-served TLD. The whole procedure is documented here.