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minting [03/16/2021 02:48] – gfactor | minting [11/27/2021 17:07] – gfactor | ||
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====== Minting ====== | ====== Minting ====== | ||
- | Minting, is the process of ' | + | {{: |
- | Qortal does not use PoW or PoS like more ' | + | Minting, is the process |
- | Minting does not use high amounts of electricity, | + | Qortal does not use PoW or PoS like more ' |
+ | |||
+ | Bitcoin was intended to allow anyone to run a basic computer and take part. The flawed aspect of PoW where only the block signer is rewarded led to more expensive hardware demand with greater power demand and only an option for those who can afford the expensive setup. Ultimately steering away from the foundational concept to allow anyone to run a basic computer. Qortal aims to fix this key aspect. | ||
+ | |||
+ | Minting does not use high amounts of electricity, does not require expensive equipment, and does not require the users wishing to mint, to have a huge amount of QORT or any other asset with which to do so. | ||
Instead, minters must prove themselves as a ' | Instead, minters must prove themselves as a ' |