RATE Group | An Innovative New Approach To Blockchain Technology
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An Innovative New Approach To Blockchain Technology

An Innovative New Approach To Blockchain Technology

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To reduce the inefficiencies and negative impacts of cryptocurrencies and other blockchain ventures, Bitcoin Origin has created an alternative to proof-of-work, or PoW, for building consensus. Known as proof-of-ambassadorship, or PoAm, this new method offers a higher level of efficiency and privacy compared to PoW, all while providing the same or higher levels of profitability. Along with the development of serverless blockchain technology, improved smart contracts, and a model for providing blockchain as a service, the platform has the potential to revolutionize this industry.

While Bitcoin Origin hopes to advance blockchain technology in many ways, its most important goal is environmental. PoW ventures use an enormous amount of energy, which is largely generated from dirty sources. By encouraging a shift to eco-friendly server farms, Bitcoin Origin hopes to lower the industry’s carbon…

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