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ecological friendly proofofwork cryptocurrency
ecological friendly proofofwork cryptocurrency
ecological friendly proofofwork cryptocurrency

Abstract. This fork of earlier version bitcoin provides an automatic difficulty reset when no block is mined for a period of over 24h. With a 21 million supply and it’s own blockchain with master nodes distributed across regions around the planet to provide faster transactions. Uses the SHA-256 crypto for hardware compatibility, allowing current holders of SHA-256 compatible mining equipment such as ASIC or GPUs to mine suacoins with lower energy consumption and difficulty. It’s protected from difficulty mount attack, by automatic reset built-in. After block 500,000 or another point in time, for sake of the planet fragile ecology, the code and wallets will be updated to use the BLAKE3 crypto instead of SHA-256, giving an incentive for miners wallet to mine before that event.

 

 

  • Introduction

 

 

Bitcoin [1] and other proof-of-work cryptocurrencies are at present with an astronomical difficulty levels that make it a high energy consumption dependent with an impact on the planet fragile ecosystem [3]. Miners are using high amounts of energy and costly hardware to perform crypto currency mining, so much so, that it’s having an impact on the electrical infrastructure of developing countries leading to energy blackouts [4], illegal use of energy by criminal gangs and electricity produce from cool mines being direct to mining instead of serving populations and