Signum introduced the world to the Proof of Commitment (PoC+) decentralized consensus as the evolution of the Proof of Capacity (PoC) consensus.
Different than the well-known Proof of Work (PoW) consensus used by Bitcoin and many other coins, which require special power-hungry equipment, PoC+ simply uses available disk space.
This innovative consensus offers a new way for miners to increase their effective storage capacity - committing a Signa balance (stake) in their account. This will help secure the network and improve their chances of earning mining rewards. PoC+ is a greener option since effective capacity can be increased without purchasing more equipment.
The mining process in the PoC+ consensus is so effective and has such low hardware requirements that any consumer-grade PC can be used to mine. The user will not even notice that the mining process is happening, aside from the occasional blinking LEDs from the hard disk drive (HDD)!
Signa can be mined with PCs, tiny computers like a Raspberry Pi, or even mobile phones (even old ones). The only thing needed is disk space to create what are known as plot files. With its PoC+ algorithm, Signum opens up the possibility for everyone to participate in the mining process without any major obstacles.
Signum empowers users and developers worldwide with innovative blockchain solutions for everyday life. Signum makes sending trustless, peer-to-peer transactions quickly, efficiently, and securely possible.