The project was created as an upgrade of Bitcoin. There are not many differences, but some of them are very significant. Several technologies have been applied that have eliminated some of the disadvantages of Bitcoin: the "Proof of Work" protocol, which uses the Scrypt hash function, and not SHA-256, like BTC. The average speed of block creation is 2.5 minutes (for comparison, BTC takes four times longer).

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Interessiert an Blockchain? Besuchen Sie uns vom 27. bis 29. September in Frankfurt! http://POWSummit.org

Interested in Blockchain? Join us from September 27-29 in Frankfurt at the POWSummit. Get tickets at http://powsummit.org

Interessiert an Blockchain. Besuchen Sie uns vom 27. bis 29. September in Frankfurt. Interested in Blockchain.