Spacemesh is an open-source programmable cryptocurrency powered by a novel proof-of-space-time consensus protocol.
Seed Funding: $3 Million
Series A funding round: $15 Million
Spacemesh 0.2 Public Testnet
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What is Spacemesh
Spacemesh is an open-source programmable cryptocurrency platform powered by a novel proof-of-space-time (PoST) consensus protocol. Spacemesh does not use proof-of-stake (PoStake) or proof-of-work (PoW) protocols, thus it avoids some of their inherent issues, such as massive energy waste, mining pooling, and centralization.
Spacemesh is designed to achieve three main objectives:
- Create and maintain the ledger for the Smesh coin (SMH). Smesh is a fair cryptocurrency and a global means of payment.
- Ensure fair, wide distribution of Smesh.
- Establish a global programmable infrastructure for tokenized apps, communities and economies.
DetailsRaised: 18,000,000 USD
LegalRegistration country: United States
Registration year: 2017
Token infoTicker: SMH