Signum is a decentralized cryptocurrency with a unique Proof-of-Capacity (PoC) consensus mechanism. Unlike traditional Proof-of-Work (PoW), PoC uses free disk space for mining, making it more energy-efficient and environmentally friendly.
What it represents
Eco-Friendliness: Thanks to PoC, mining requires significantly less energy compared to PoW, reducing the carbon footprint.
Smart Contracts: Signum supports built-in smart contracts, allowing the creation of decentralized applications (dApps) on its platform.
Decentralized Storage: The network provides the ability to store data on the blockchain, ensuring the security and availability of information.
Active Community: The project is supported by an active community of developers and enthusiasts who contribute to its development and popularization.