One of the main concerns of the Bitcoin community is regarding who has and who controls the majority of mining power. Currently few gigantic mining rigs are able to control a large percentage of the network which in the opinion of many jeopardizes decentralization
The other concern is the huge amount of electricity this types of mining operations consume and that is a concern to the crypto community, as we need to make sure this technology advances but most importantly is sustainable. We do not need any more damage to our planet.
JSECoin plans to solve this 2 concerns by creating a coin that has very similar ideals to the Bitcoin but has evolved into a polished concept that emphasizes decentralization and has a technology that enables for a more sustainable mining method.
The JSE coin will be more decentralized than Bitcoin or possibly any other coin in the market today because it relies completely on self-miners. Miners have two mining options: single platform mining which will give you an entry to the JSE mining lottery that happens every 30s as well as web browsing mining for publishers to offer as an opt-in option to their readers. This in exchange for a good browsing experience in the site or as a replacement for ads. Also note that this is an OPT-IN banner which viewers must opt-in in order to open their CPU to mining during their visit ONLY. As according to CEO and Founder James Bachini: “Our vision of the future is for consensus to be reached using the computational power of a users device rather than from server farms run by giant corporations and mining pools.”
In addition to helping with decentralization the JSECoin technology is certainty bringing benefits to our environment by consuming a lot less energy to mine than Bitcoin and many other coins. It is using on average 10% of cpu power; the same amount of running a video ad. Basically using surplus energy from a computer that is already active.
Link : https://platform.jsecoin.com/?lander=3&utm_source=referral&utm_campaign=aff19203&utm_content=
