Description: Superior Blockchain Technology
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Cryptocurrency done right – fast, secure, decentralized, energy efficient and accessible to everyone.
Relying on a single algorithm (SHA256d) has led to an arms race in mining hardware, resulting in an eco-system where only those willing to invest significant capital can mine Bitcoin on a profitable basis – and only then if a very cheap source of power can be utilized. This has now caused significant centralization of mining resources – effectively concentrating the direction and power of the Bitcoin network within a few large players.