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.