2024-06-21 00:52:18

#SMH What is it that increased from 0.1$ to 1.9$ and maintained steadily? Let's find out below:

Spacemesh is a layer 1 blockchain, using a self-developed consensus mechanism called Proof of Space Time (PoST) to address issues of scalability, security and high cost in current blockchains.

By developing PoST, Spacemesh allows users to utilize unused hard drive space to participate in becoming miners of the network, by proving that they only use that space for mining on Spacemesh for a certain period of time (about 2 weeks).

Spacemesh's PoST mechanism stands out for its ability to reduce power consumption by not using the computational power of computers to verify transactions like the Proof of Work (PoW) consensus mechanism and does not require as much stake in the network as Proof of Stake (PoS)

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Predict the price of SMH in the next 24 hours

upto 2$

down 1.5$

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