BUZcoin without mining: how is it possible?First, let's understand what is mining. Mining is the process by which transactions are verified and added to the public ledger, known as the blockchain, and also the means through which new cryptocurrency is released. While computers carry out payload for users, owners of the technics receive the share and earn. In fact, these are computing powers, which ensure the functioning of all cryptocurrency payment service providers.
If it is impossible to start the cryptocurrency without computing power, then how our BUZAR platform will work? We do not have miners. Everything is very simple! At this stage, the Ethereum network, on the basis of which the platform of version 1.0 will be started, gives us necessary computing power.
It is reached through the integration of tokens of the ERC20 standard, which also have many advantages. Such as an ensuring stable work of smart contracts, the safety of transactions, transparency of transactions, liquidity based on demand, but not at the will of pools of miners, etc.
Such approach allows us to make really decentralized and reliable system for creation of a universal marketplace and other global services!
https://buzcoin.io