Many people wonder why Silicoin's staking mechanism seems to increase farming costs, but it is loved by the majority of farmers. First of all, the staking mechanism can help small and medium-sized farmers in a fair environment, through the investment of time and funds, obtain benefits, and contribute to the network. In addition, staking can encourage […]
The logic of Silicoin Staking is as follows: Let the few people with more funds not squeeze resources with money not to cause an excessive gap between the rich and the poor. At the same time, people with more mining machines will not engage in an arms race, which will not lead to the gradual […]
An essential part of the Silicoin consensus mechanism is staking, which effectively solves a critical problem plaguing the blockchain world's development, that is, how to balance efforts and funds. In Silicoin's network, no one can make crazy income with funds alone, and no one can obtain easy wealth by relying solely on hard work.
The staking system of Silicoin makes SIT tokens integrate into its table fully, long-term and safe ecosystem and form a complete economic circle. This is definitely far more attractive to miners than similar projects. It is enough to make Silicoin outstanding from many mining coins and become one of the best projects with the best […]
There is no complete competitor to the Silicoin project. Other Chia Fork project such as Flax and Spare are simply copies of Chia's projects, and there are no other innovations and features. As the Chia Fork project with the highest mining revenue, the largest user base, the widest international consensus, and the strongest innovation capabilities, […]
Proof-of-Balance automatically adjusts the difficulty of mining by staking, avoids over-centralization of computing power, and greatly increases the cost of double-spending attacks (the attacker must have both enough plots and funds), and finally achieves the workload and capital, the balance between giants and retail investors, interests and contributions,realizing a more complete, stable, long-term and safe […]
The Silicoin mainnet has been successfully launched. This is a fair and innovative mining network that balances PoW and PoS. Everyone can earn SIT tokens through contributions. Given Silicoin's decentralization and community, most of the total amount of SIT will be generated by continuous mining activities and distributed to community participants who maintain the system's […]
Join the Silicoin network, you can find unprecedented significance and impeccable reliability. Admittedly, this is an fair, open, green blockchain.When more and more Chia farmers join Silicoin, they will find an opportunity to earn profits at zero cost.