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Spacemesh adopts a new consensus mechanism - Proof of Space-Time.
Spacemesh is a blockchain protocol aimed at creating a fairer, more decentralized digital economy. Utilizing a novel consensus mechanism known as Proof of Space-Time (PoST), it allows anyone to participate in the network with minimal energy consumption and without the need for expensive hardware. Spacemesh is designed to support a global payment system and a platform for decentralized applications (dApps), aiming to ensure a more inclusive participation in the blockchain space.
Spacemesh's current price is $ 2.42, it has dropped -0.54% over the past 24 hours.
Spacemesh's All Time High (ATH) of $ 6.85 was reached on 5 Mar 2024, and is currently -64.6% down.
Spacemesh (SMH) operates on its own blockchain.
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