The premine flag sets the address that should be included with a starting balance in the genesis file.
In this case, the address 0x1010101010101010101010101010101010101010 will have a starting default balance of 0x3635C9ADC5DEA00000 wei.
If we wanted to specify a balance, we can separate out the balance and address with a :, like so:
Now that the client is up and running in dev mode, using the genesis file generated in step 1, we can use a tool like curl to query the account balance:
The command should return the following output:
Step 4: Send a transfer transaction
Now that we've confirmed the account we set up as premined has the correct balance, we can transfer some ether:
The txpool add command adds the transaction to the transaction pool.
In this case, the transfer is from 0x1010101010101010101010101010101010101010 to 0x0000000000000000000000000000000000000010, with the value being 0x100 wei.