Signum: A sustainable, innovative blockchain platform offering digital currency and customizable decentralized applications since 2019. More
Fully Diluted Valuation | $1.97M |
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24H Trading Volume | $23,270 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 2.18B |
Total Supply | 2.18B |
Max Supply | ∞ |
Categories | Proof of Work (PoW) 2 more |
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Founder | Anonymous |
Website | signumart.io 1 more |
Socials | 4 more |
Explorer | Signumcoin 2 more |
Name | Pair | OG Score |
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In the evolving landscape of digital currencies, Signum stands out as a groundbreaking blockchain solution, pioneering sustainability in a field often criticized for its environmental impact. Launched in 2019, evolving from the earlier Burstcoin project that began in 2014, Signum has redefined what it means to be an eco-friendly blockchain platform. It proudly holds the title of the world’s first truly sustainable blockchain, a claim substantiated in its recent whitepaper. Unlike its counterparts like Bitcoin and Ethereum, Signum operates with less than 0.002% of Bitcoin’s energy requirements and avoids e-waste by utilizing consumer-grade hardware.
But Signum's innovation doesn't stop at sustainability. It is a versatile platform, offering more than just its digital currency, Signa. This currency is notable for being the first to use the Proof-of-Capacity consensus algorithm, setting it apart in the cryptocurrency world. Beyond this, Signum is a hub for unstoppable, censorship-resistant decentralized applications. From exchanges to marketplaces, financial services, and gaming, the platform offers a wide array of uses. It enables users to create digital assets and tokens, limited only by their imagination. The platform's architecture boasts easy smart contracts, seamless and secure payment solutions, token generation, and peer-to-peer messaging.
Signum's uniqueness is further bolstered by its innovative consensus method, Proof of Commitment (PoC+), an evolution of Proof of Capacity. This method not only uses available disk space but also allows miners to increase their storage capacity by committing a Signa balance. As a result, Signum presents a more environmentally friendly option, increasing effective capacity without the need for additional equipment. Signum stands as a beacon of a sustainable digital future, combining world-class features with fast and secure payment solutions, and offering a model for other cryptocurrencies to follow in its sustainable footsteps.
Signum stands out as the world's first sustainable blockchain, using an energy-efficient Proof-of-Commitment (PoC+) consensus mechanism and producing minimal e-waste.
It is supported by the Signum Network Association, a Swiss Not-for-Profit Organization.
Signum uses the Proof of Commitment (PoC+) consensus mechanism, an evolution of Proof of Capacity (PoC), leveraging available disk space and allowing miners to increase effective storage capacity by committing a Signa balance.
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