Discover the way SXE Shakti Coin is revolutionizing Eco-Friendly Crypto Mining
Zug, Switzerland – Crypto mining has become expensive and is a long shot at success. Why? Because the Proof-of-Work (PoW) protocol that is used by nearly every crypto currency today requires more and more computing power (electricity) to find fewer and fewer coins. The computational power needed to mine just
The Swiss Shakti Foundation has developed a better way. It’s called Proof-of-Effort (PoE) mining. Here’s an informative video explaining our process: ShaktiCoin Welcomes All Miners. Proof-of-Effort mining begins with rewarding participating parents for the effort they put into sending their children to school each day. Following that, PoE protocols reward miners who work to verify transactions, individuals who help their family and friends get on the SXE network, and businesses that accept Shakti Coin.
Because Shakti Coin value is based on human effort and not computational achievement, mining Shakti Coin is easily accessible for any individual and is environmentally friendly.
About Shakti Coin and the Swiss Shakti Foundation
“Shakti” is an ancient Sanskrit word that refers to each individual’s innate potential.
Shakti Coin (SXE—Shakti eXchanged for Education) is a global stablecoin (set at $5 USD per coin). Unlike other cryptocurrencies, which link their fluctuating value to computational achievement, Shakti Coin’s stable value is based upon the daily effort made by children and families in education. This is a Proof-of-Effort (POE) Protocol, which the Swiss Shakti Foundation administers. The global NGO, Swiss Shakti Foundation, rewards parents with SXE Shakti Coins for their children’s school attendance, accelerating UNESCO’s EFA mission of “Education for All.”
Shakti Coin transactions take place within a compliant Swiss-American ecosystem and are secured by cutting-edge blockchain technology.
The Shakti Coin project is a grassroots initiative that transcends industries, governments, faiths, and political ideologies.
For more information visit www.shakticoin.com or reach out to secretariat@shakticoin.com
