Out of tens of thousands of projects, there are a total of 173 Layer-1 projects only.
Canxium is now listed in the layer-1 category on both @coingecko and @CoinMarketCap.
The journey to the top will be more interesting than being born at the finish line.
https://t.co/64rwh1o0j4
https://t.co/KoON5rYL46
Canxium has been solving the problem that all blockchains including #bitcoin will face in the future.
What if all 21m BTC are mined, then miners will only rely on transaction fees, if transaction fees of a few blocks decrease to near zero, miners will not contribute computing power to that blocks and the chain will be attacked, of course this is the problem of more than 100 years in the future, by then Satoshi will probably be in heaven.
So, by moving the Canxium chain to PoS, and inventing a new PoW mining mechanism: Offline Mining, are the most radical way to solve the problem of all PoW chains.
We tested ourselves how long it would take an RTX 2060 card to mine a 500 GH difficulty offline mining transaction.
As a result, it's been running for nearly an hour and still hasn't found any transactions.
According to our calculations, it will take an average of 6 hours for RTX 2060 to mine a transaction that meets the minimum difficulty of 500 GH.
This is how stable mining costs work, with a certain amount of computing power, you will always receive a corresponding number of reward within a certain period of time, which means the number of coins you receive stays the same for the same expense.
With this advantage, $CAU will be a very reliable coin, it will not be possible to mine it easily or too difficult in any case, completely different from other PoW operations on the market today.
A coin like this is essential to building a decentralized future, a trustworthy future.
#stable #offline_mining $CAU