So, what is that internet computer thing ?
https://www.coingecko.com/en/coins/internet-computer
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So, what is that internet computer thing ?
https://www.coingecko.com/en/coins/internet-computer
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Basically, that "ICP" project aims to promote faster, highly scalable blockchain transactions in drastically less costs. 🕵️♂️
So, just like other altcoins?
What is it, PoS or something else?
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I haven't really investigated it, but it looks somewhat like a "Proof-of-Work" algorithm where computing power is bought and sold as tokens for more useful purposes, rather than just burned (which wastes energy) like in Bitcoin mining. 🕵️♂️🤔😅
Thanks! I guess it will be something interesting to watch. 🕵️♂️
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Burstcoin (BURST) used to be interesting for me because it is the only Proof-of-Capacity (not necessarily Proof-of-Storage) mined cryptocurrency, which is energy-friendly. Hard Drives used for mining can easily be converted for other purposes by simply deleting the "plots". However, its price remained the same while the amount mined gets less over time, so most people who used to mine it stopped. 🤔
Thanks for sharing that knowledge! I had never read about it before
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I don't know why many Proof-of-Work altcoins are bullish, while the only Proof-of-Capacity altcoin Burstcoin gets very little attention from the cryptocurrency miners and investors. 🤔