The Next Evolution of Crypto – Going Green With Bitcoin Latinum
Bitcoin Latinum, a more scalable and sustainable network which uses an energy-efficient consensus process, is thrilled to announce that it has officially joined the Crypto Climate Accord as a Signatory and Supporter.
Bitcoin Latinum (LTNM) is the next-generation cryptocurrency, executing the necessary changes on going green. Greener, faster, and more secure than Bitcoin. In high-growth markets including media, gaming, telecommunications, and cloud computing, Bitcoin Latinum aims to improve transaction speed, lower fees, and increase security.
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Bitcoin Latinum made several alterations to guarantee the transformation on going greener. Bitcoin Latinum is launching with 80% of pre-mined Latinum, meaning that there will be no waste in electricity to mine the coins, as well as moving away from PoW to PoS in Bitcoin.
Bitcoin Latinum, uses an advanced version of the Proof of Stake mechanism that can handle a larger number of transactions per second and does not require the nodes to solve complex equations to mine the currency. This helps to improve the electricity usage for the bitcoin latinum network.
The Bitcoin Latinum Foundation stated, “We understand the necessity for cryptocurrency mining and hosting companies to expedite the use of renewable energy solutions in order to reduce emissions and advance toward net-zero electricity consumption emissions. We are thrilled to be a part of this project.”
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By joining the Crypto Climate Accord (CCA) , Bitcoin Latinum seeks to achieve a net-zero carbon footprint, from power consumption linked to its crypto-related operations within the next decade, by deploying an environmentally friendly, more secure, proof of stake consensus mechanism. As well as to report progress toward this goal using best industry standards.
Bitcoin Latinum (LTNM) is a bitcoin hard fork that intends to keep Satoshi Nakamoto’s vision of Bitcoin as a bankless, peer-to-peer electronic cash system alive.