What is Signum

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About Signum


  • What is Signum?

    • Decentralized ledger system with digital currency Signa
    • Customizable platform for decentralized applications
    • Sustainable, producing less than 0.002% of Bitcoin’s energy

  • What is Signa (SIGNA)?

    • Native digital coin, first truly sustainable cryptocurrency
    • Uses Proof-of-Capacity consensus algorithm
    • Available on central exchanges and BTDEX decentralized exchange

  • Who stands behind Signum?


About Signum: Empowering a New Era of Blockchain Innovation

Introducing Signum: A Revolutionary Blockchain Ecosystem

Signum introduces a robust blockchain solution to the global community, prioritizing sustainability above all. Analogous to Bitcoin, Signum facilitates a digital currency, Signa, which is disseminated, exchanged, and secured via a decentralized ledger system, eliminating the need for intermediaries, payment gateways, and banking institutions.

However, Signum transcends the realm of a mere digital currency. As a highly customizable platform, it empowers the creation of unstoppable and censorship-resistant decentralized applications. The possibilities are endless, as anyone can design digital assets (tokens) that can be utilized in ways limited only by the boundaries of our imagination. Exchanges, marketplaces, financial services, and games merely represent the tip of the iceberg. Moreover, Signum boasts a significant advantage: its sustainability, which far surpasses that of other prominent cryptocurrencies, such as Bitcoin and Ethereum.

Signum is touted in its recent whitepaper as the world’s pioneering sustainable blockchain, boasting an exceptionally low energy footprint of less than 0.002% of Bitcoin’s, while harnessing consumer-grade hardware that can be effortlessly repurposed, thereby mitigating electronic waste – a significant advantage over other cryptocurrencies.

Beyond environmentally conscious mining practices, Signum’s architecture encompasses a multifaceted framework, featuring intuitive smart contracts, secure and streamlined payment solutions, token generation capabilities, peer-to-peer messaging functionality, and customizable data shortcuts, also known as aliases.

Beyond digital payments, Signum empowers a comprehensive ecosystem, encompassing decentralized finance, immersive gaming experiences, and innovative applications, all underpinned by robust security and unwavering resistance to censorship.

What is Signa (SIGNA)?

Signa, the native digital coin of Signum, pioneers the realm of sustainable cryptocurrencies. Universally compatible across all Signum applications, Signa boasts the distinction of being the inaugural cryptocurrency to harness the innovative Proof-of-Capacity consensus algorithm.

Where can you acquire Signa (SIGNA)? This cryptocurrency can be purchased and traded on various prominent central exchanges.

A comprehensive directory of Centralized Exchanges (CEX) is available at:

https://signum.network/exchanges.html

Alternatively, Signa can be traded on BTDEX, Signum’s decentralized exchange system, which operates on the blockchain. By leveraging Signum SmartJ Smart Contracts and on-chain encrypted messages, BTDEX facilitates a distinctive non-custodial exchange method for both cryptocurrencies and traditional fiat currencies.

Meet the Visionaries Behind Signum

Since 2019, a dedicated core development team, backed by a vibrant and extensive tech community, has been diligently laying the groundwork for Signum’s foundation. Born from the legacy of Burstcoin, which pioneered its genesis block in 2014, Signum has undergone a remarkable transformation. The Signum Network Association, a Swiss Not-for-Profit Organization, provides steadfast support to the network, empowering it to flourish and realize its vision of a sustainable and innovative blockchain ecosystem.

What Sets Signum Apart?

Signum embodies the essence of sustainability, devoid of the environmental drawbacks associated with energy consumption and electronic waste. While the concept of an eco-friendly blockchain is not novel, with numerous claimants to this title, Signum stands at the vanguard of the sustainability movement, truly pioneering a new era of responsible innovation.

Signum pioneered the innovative Proof of Commitment (PoC+) decentralized consensus, a natural evolution of the Proof of Capacity (PoC) consensus. Notably, PoC+ diverges from the widely recognized Proof of Work (PoW) consensus employed by Bitcoin and numerous other cryptocurrencies, which necessitate specialized, energy-intensive hardware. In contrast, PoC+ leverages readily available disk space, offering a more accessible and environmentally friendly alternative.

This pioneering consensus mechanism presents a novel approach for miners to augment their effective storage capacity, achieved by committing a Signa balance (stake) within their account. This innovative strategy not only bolsters network security but also enhances their prospects of earning lucrative mining rewards. Notably, PoC+ offers a more environmentally friendly alternative, as it enables increased capacity without the need for additional hardware investments.

Signum forms the bedrock of a sustainable digital future, poised to revolutionize the world as we know it. This cutting-edge network converges world-class features with rapid and secure payment solutions, pioneering smart contracts, token generation, peer-to-peer messaging, and customizable data shortcuts (aliases), thereby redefining the digital landscape.

Signum pioneered the deployment of Turing-complete smart contracts on a public blockchain, a groundbreaking milestone. Building upon this innovation, Signum SmartJ is an advanced framework that facilitates the creation and deployment of smart contracts using the versatile and widely adopted programming language, Java. Notably, Signum’s smart contracts boast a distinctive feature – the ability to self-execute, distinguishing them from most existing smart contracts that merely respond to incoming transactions. This autonomous capability unlocks vast potential for novel applications, such as decentralized, trustless lotteries that can be programmed to operate at specific times.

Be Part of the Revolution!

Signum pioneers the world’s inaugural truly sustainable blockchain, boasting cutting-edge applications on a trailblazing, eco-friendly architecture. By harnessing the power of Signa (SIGNA), Signum revolutionizes the cryptocurrency landscape, operating at a mere fraction of the energy consumption, cost, and e-waste generation associated with other digital currencies. Empowering users and developers globally, Signum unlocks innovative blockchain solutions for everyday life, redefining the possibilities of decentralized technology.

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