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Experimental blockchain IP based consensus algorithm launched

4 points| bitsignal | 3 years ago |github.com

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bitsignal|3 years ago

It is just another blockchain written from scratch with a highly experimental consensus algorithm, which was created to provide effortless mining for all participants with a public IP address. NADO is not a classic proof-of-work blockchain like Bitcoin. Unlike most other crypto, its focus is on accessibility to rewards for everyone. It has a fully elastic reward mechanism, rewarding users only when transactions are happening on the chain. Users can burn their share of tokens in order to increase their chances of winning more rewards in the future.