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Proof-of-Work-Time

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Revision as of 12:12, 30 November 2017 by Joe rondx (Talk | contribs) (Created page with "PoWT Blockchain (Proof of Work Time) Proof of Work-Time (PoWT) is a novel approach to forming a consensus by introducing a variable blocktime that scales with mining power, wh...")

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PoWT Blockchain (Proof of Work Time) Proof of Work-Time (PoWT) is a novel approach to forming a consensus by introducing a variable blocktime that scales with mining power, where the blockchain speeds up with power increases. This better scales the blockchain, increases transaction speed with power and allows for auto-adjusting more profitable mining.