Bitcoin Latinum is the next generation, insured asset-backed cryptocurrency. Based on the Bitcoin ecosystem, Bitcoin Latinum is greener, faster, more secure, and has the lowest transaction fees, poised to revolutionize digital transactions.
Bitcoin Latinum’s PoS consensus algorithm is the answer to what Bitcoin currently struggles at. While the PoW has paved the way for cryptocurrencies, it cannot handle the strain of the modern world’s requirements.
While computation power was the actual currency behind Bitcoin's mining rewards, PoS is reliant on the size of staked tokens to mine the blocks. This takes away the focus off the burdens of decentralization on expensive hardware and electricity while at the same time proving beneficial on other aspects.
While we have ‘miners’ in PoW which solve complex mathematical problems to compete for block publishing, PoS has ‘validators’ who get the chance to achieve the right to add blocks to the ledger.
Bitcoin Latinum PoS Consensus algorithm takes the mantle to solve Bitcoin’s current set of challenges. It provides the following advantages.