What is Stronghands

Article Summary, Automatically Generated By AI

Summary of StrongHands

  • Claims to be one of the first cryptocurrencies to introduce a combined proof-of-stake/proof-of-work minting system.
  • Builds upon Bitcoin with:
    • Energy efficiency
    • New security/minting model
    • Adaptive responses to rapid changes in network computation power
  • Secures the network by providing:
    • 250k pr/block reward
    • Coin rewards held by miners after 30 days

Numbers and figures:

  • 250k
  • 30

About StrongHands: Empowering a New Era of Decentralized Finance

StrongHands™ (SHND) purports to be a trailblazer in the cryptocurrency realm, pioneering a novel minting system that synergistically combines the principles of proof-of-stake and proof-of-work. Building upon the foundations laid by Bitcoin, the project allegedly introduces a trifecta of innovations: enhanced energy efficiency, a reimagined security and minting paradigm, and adaptive responses to rapid fluctuations in network computational power. Notably, StrongHands™ purportedly fortifies its network by allocating a substantial 250,000 coin reward per block to miners who have held their coins for a minimum of 30 days.

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