{"type": "project", "title": "BitPoW", "logoImg": "bafkreicubusbvwdytspc65tv6cdensfet4thjmb6vrbz6bnnwjo4ocli5u", "website": "https://bitpow.org", "createdAt": 1692193587118, "userGithub": "kernel1983", "credentials": {}, "description": "BitPoW is a Layer 1 blockchain that is the most innovative in the crypto industry after Bitcoin and Ethereum. \n\nThe new L1 is based on PoW 2.0, the first useful PoW algorithm directly derivative from the existing Nakamoto PoW with almost no change. \n\nBitPoW allows almost no gas fees, making it a more affordable and accessible option for blockchain end-users. Because BitPoW no longer gets security protection using a native coin as the security engine.\n\nThe useful PoW would pay to cover the miners' electricity cost, and the blockchain could get almost free computation from miners. As a result, the end-user could pay gas in the stablecoin, and it only costs several cents for each transaction.\n\nMoreover, BitPoW resists mining pools, making every miner solo mining. BitPoW would bring true decentralization to the blockchain.\n", "logoImgData": {}, "projectGithub": "EcoPoW", "projectTwitter": "BitPoW2023"}
BitPoW
BitPoW is a Layer 1 blockchain that is the most innovative in the crypto industry after Bitcoin and Ethereum. 

The new L1 is based on PoW 2.0, the first useful PoW algorithm directly derivative from the existing Nakamoto PoW with almost no change. 

BitPoW allows almost no gas fees, making it a more affordable and accessible option for blockchain end-users. Because BitPoW no longer gets security protection using a native coin as the security engine.

The useful PoW would pay to cover the miners' electricity cost, and the blockchain could get almost free computation from miners. As a result, the end-user could pay gas in the stablecoin, and it only costs several cents for each transaction.

Moreover, BitPoW resists mining pools, making every miner solo mining. BitPoW would bring true decentralization to the blockchain.

BitPoW