Sunday, 19 December 2021 06:00 PM
Company Update
WARSAW, POLAND / ACCESSWIRE / December 19, 2021 / X3M Digital PSA a Polish simplified joint stock company with Dutch capital and management introduces its 100 % renewable energy powered eco system X3M Blockchain with its native crypto currency X3MCoin
Where the mining process of the leading crypto currencies Bitcoin and Ethereum count for ca 1 % of the total energy spend in the world , the X3M Blockchain/X3M Coin will have zero impact on global warming/climate change.
In stead of a public network where everybody anonymously can participate, no matter how the miners are powered, the X3M Blockchain function as a semi private network, where the nodes will be sold to people/companies who can proof that they have renewable energy power at that specific location.
In stead of the energy intensive mining=Proof of Work ( PoW ) consensus method, X3M Blockchain uses a low energy "voting/validation" type consensus method called Proof of Authority ( PoA ) to produce new blocks, verify transactions.
In addition each individual X3M Node/validator uses only 15 W, what is a tenfold less than 1 single GPU /graphic card !
The X3M Blockchain works without any transaction fees (no gas) Validators are paid with a flat fee per month payable in X3M Coins, not depending on the computer power ( PoW ) of money locked in the system (PoS)
For more information: https://x3mdigital.com/
Contact:
Contact name: Jacob Brouwer
Email: [email protected]
Phone number + 48 514 943 360
SOURCE: X3M Digital PSA