BitcoinHD BHD to Amoveo VEO Exchange

Crypto Pair Details: BHD to VEO

BitcoinHD BHD

Users can employ unused hard disk capacity to mine Bitcoins without the need for expensive mining rigs and other specialized hardware. Traditional mining hardware is energy intensive, noisy, produces a lot of heat, and is becoming increasingly specialized, moving beyond the means of ordinary people. With BHD, mining is simple and accessible. POW-based mining is all about raw computing power and energy output, whereas BHD's POC-based mining is far more energy efficient and returns to Satoshi Nakamoto’s original ideal that mining would be decentralized and performed by ordinary people. POC (Proof of Capacity) scans are only performed once every few minutes. For the rest of the time the hard disk is on stand-by with negligible power usage, greatly reducing energy costs. Based on capacity proof, it will support super-large blocks in the future and will add functions such as zero-knowledge proof. Solid-state drives are expensive, POC has no requirement for fast data processing, only capacity, so POC naturally eliminates ASIC chips. Currently, the amount of energy expended globally in POW mining is greater than the total energy output of 159 countries. The development of digital currencies shouldn’t have to be built on the wasting of resources. With BHD, POW calculations can be completed with a minimum of computing and energy resources.

Amoveo VEO

Amoveo (VEO) is a highly scalable proof-of-work blockchain driven by its community and aimed for prediction markets, investment and insurance contracts, and various derivatives, such as stable coins. Amoveo is a blockchain meant for enforcement of investment and insurance contracts. Amoveo contracts are enforced using state-channels. This means fees are low, contracts are nearly instant and can support a global audience. Amoveo has oracle technology. Amoveo can learn facts about our world and enforce the outcome of contracts that are governed by these facts. This, for example, enables you to bet on the price of Amazon shares. The variables that define how to participate in Amoveo can be modified by the Amoveo community using a built-in process. This way Amoveo will always stay optimally tuned to produce the best results.

SOURCE: COINGECKO

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