Kakashi2020 Posted December 9, 2018 Share Posted December 9, 2018 Can someone explain in layman's terms what Green Cryptocurrency is and how is it better than regular Cryptocurrencies? Quote Link to comment https://slingbank.com/forums/topic/1908-what-is-a-green-cryptocurrency/ Share on other sites More sharing options...
janie1984 Posted December 11, 2018 Share Posted December 11, 2018 Green cryptocurrencies are best just currencies designed to spur growth in solar and wind farms. The point is to create currencies that aren't as power-intensive as BItcoin and are more sustainable. Rather than proof-of-work it relies on proof-of-stake, or basically that rather than fighting each other for the currency everyone must come together. Think of it like a commons almost. In this case we will call the cyrptocurrency a park. Rather than fighting each other for use of a park and using up all the land in the procress, in green cryptocurrency people come together to use the park and in return are rewarded for working together and limiting the amount of resources needed in the park. Quote Link to comment https://slingbank.com/forums/topic/1908-what-is-a-green-cryptocurrency/#findComment-3465 Share on other sites More sharing options...
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