Gate will list Spacemesh (SMH)

Gate is going to commence Spacemesh (SMH) trading on 11:00 AM June 20th, 2024 UTC.

About Spacemesh (SMH) :
Spacemesh is a blockchain protocol with a distributed ledger, a consensus algorithm, and a native coin (called a Spacemesh coin or “$SMH”) which is awarded to those who participate in securing the network. The Spacemesh consensus mechanism is based on a novel protocol called Proof of Spacetime which, in combination with several auxiliary mechanisms), is more environmentally-friendly, more robust, and more decentralized than alternatives such as Proof of Work or Proof of Stake. One just needs a minimum of 264 GiB free hard drive space to participate in the consensus mechanism and earn rewards. There is no race to produce the next block. Everyone participating in the mining process is guaranteed a share of rewards proportional to the storage space they have allocated. The rewards scale linearly with the amount of space allocated. No one is given an unfair advantage in this regard. Allocate more space, earn more rewards.

Token symbol：SMH
Token Contract: Native Token
Website：https://spacemesh.io/

Deposit Spacemesh (SMH) at https://www.gate.com/myaccount/deposit/SMH
Trade Spacemesh (SMH) in USDT market via: https://www.gate.com/trade/SMH_USDT

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Gate Team
June 17，2024