Cryptocurrency attributes
Other attributes
Easy use and customization are at the core of Signum. Compared to Bitcoin for example, Signum addresses are generally shorter and easier to read. To make this process even simpler, the Signum team developed an alias system to give every Signum address or customized data set a human-friendly and unique phrase. Any alias registered to a given Signum address can be transferred or sold to any other Signum address. Different alias types identify accounts, links, or freestyle data sets.
A user can also change the type of their Aliases. All these actions are native functions on the Signum blockchain.
Aliases can also be transferred or traded as a digital pointer - a new kind of tradable asset
Aliases that are registered to your Signum address can be transferred to another Signum address, or can be offered for sale. You can also change the type of your Alias. All these actions are built-in functions on the Signum blockchain.
Similarly, to Bitcoin or Ethereum, Signum provides a digital currency called Signa (ticker: SIGNA) that is distributed, traded, and stored with the use of a decentralized ledger system. There are no intermediaries, payment gateways nor banks. But Signum is so much more than a digital currency. As a customizable platform, it has the power to feature unstoppable and censorship-resistant decentralized applications. Anyone can create digital assets (tokens) that can be used in ways only limited by our imagination. Exchanges, marketplaces, financial services, and games barely scratch the surface. And the best part of it all: In comparison to other cryptocurrencies like Bitcoin and Ethereum, it is truly sustainable. Bitcoin uses more than 121 TWh per year in energy consumption to secure its Blockchain. Signum requires less than 0.002% of Bitcoin’s energy to drive the Blockchain.