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RE: Koinos Is Getting Closer To Mainnet Launch

in LeoFinance2 years ago

Thanks for checking us out and writing this post! Just wanted to clarify that our proof-of-burn algorithm no longer uses NFTs and instead uses a VHP (Virtual Hash Power) fungible token to symbolize miners. This is more efficient, simpler, and gives miners more liquidity. We also released a new unified whitepaper that explains all the innovative features in Koinos and how they work together to create the world's most accessible general purpose blockchain!

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Thank you for clarifying the change in proof-of-burn algorithm. I will read the whitepaper. Thank you!