“The People’s Coin” Spacemesh Launches Following Five Years of Research

“The People’s Coin” Spacemesh Launches Following Five Years of Research

Tel Aviv, israel, July 14th, 2023, Chainwire
Spacemesh is proud to announce today, that after five years of work, they will at long last be performing network genesis on July the 14th at 08.00 UTC.
Spacemesh chose the date of July 14th, which commemorates the storming of the Bastille, as the day to launch the People’s Coin. The goal is to establish a cryptocurrency that can achieve widespread distribution, particularly among younger generations and underprivileged demographics who are currently unable to participate in the cryptocurrency revolution due to insurmountable barriers to entry

Spacemesh, The People’s Coin, is born today.
Spacemesh’s team of cryptographers, led by Prof. Tal Moran, spent over 5 years building a radically novel way to achieve consensus in the permissionless setting from scratch.
Instead of the commonly-used PoW or PoStake, Spacemesh uses PoST (Proof of Space-Time)Rather than a Chain topology (i.e., a blockchain), Spacemesh uses a DAG (Directed Acyclic Grap

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We współpracy z: https://cryptodaily.co.uk/2023/07/the-peoples-coin-spacemesh-launches-following-five-years-of-research

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