Spacemesh [SMH]
Spacemesh is a Layer 1 powered by Proof of Space & Time (PoST) consensus mechanism.
Spacemesh is a blockchain, powered by the innovative Proof of Space-Time (PoST) protocol, designed to be accessible and user-friendly. Its primary goal is to serve as "the people's asset" by allowing anyone with available hard drive space to participate in securing the network.
The platform relies on PoST, which offers a more energy-efficient alternative to the traditional Proof of Work (PoW) system. Miners on Spacemesh allocate their unused disk space to store cryptographic proofs that help validate transactions and secure the network, making it accessible to a broader audience, including home users, without the need for powerful mining hardware. The unique mesh structure of Spacemesh also promotes decentralization by reducing the incentives for selfish mining behavior.
To start "smeshing," users simply install the Spacemesh software, dedicate disk space, and complete an initial GPU-heavy setup. Once set up, their computers continue contributing to the network by validating transactions, securing the platform, and earning rewards in the form of SMH coins, the native currency of Spacemesh. This energy-efficient, decentralized model makes Spacemesh a sustainable option for the future of blockchain technology.
The platform relies on PoST, which offers a more energy-efficient alternative to the traditional Proof of Work (PoW) system. Miners on Spacemesh allocate their unused disk space to store cryptographic proofs that help validate transactions and secure the network, making it accessible to a broader audience, including home users, without the need for powerful mining hardware. The unique mesh structure of Spacemesh also promotes decentralization by reducing the incentives for selfish mining behavior.
To start "smeshing," users simply install the Spacemesh software, dedicate disk space, and complete an initial GPU-heavy setup. Once set up, their computers continue contributing to the network by validating transactions, securing the platform, and earning rewards in the form of SMH coins, the native currency of Spacemesh. This energy-efficient, decentralized model makes Spacemesh a sustainable option for the future of blockchain technology.
Layer 1 (L1)
Current price
24h:6.2%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
95.76%All time low price
16.26%Token supply
0 SMH (0%)
2.4B SMH (100%)
$0
$0.286
$0
$686.63M
71.85M SMH (2.99%)