What are the best minting techniques for digital currencies?

1 answers

• May 06, 2022 · 3 years ago
  At BYDFi, we believe that a combination of PoW and PoS can be an effective minting technique for digital currencies. This approach allows for a high level of security provided by PoW while benefiting from the energy efficiency and faster transaction confirmations of PoS. It also helps to prevent centralization by distributing the minting power among a larger number of participants. However, it's important to note that the choice of minting technique should be based on the specific needs and goals of the project. Different projects may require different approaches to achieve their desired outcomes.
  605

  303