1.About SIGNA (Signum）
Signum is the world’s first truly sustainable blockchain, featuring world-class applications on a sustainable leading-edge blockchain architecture. Signum powers the cryptocurrency Signa (SIGNA) at a minor fraction of energy and no additional e-waste compared to other cryptocurrencies. Signum empowers users and developers around the world with innovative blockchain solutions for everyday life.
Signum was rebranded from Burstcoin, which was first developed in 2014. Burst has been the *pioneer of the “Proof of Capacity” consensus algorithm. Since 2019, the Burst Apps Team has been preparing the Burst blockchain for the next decade. on 24th April 2021, Burstcoin got a Signum” hard fork and adopted a new consensus called “Proof of Commitment” or POC+ in short. PoC+ (Proof of Commitment) is a hybrid method combining Proof of Capacity (PoC) and Proof of Stake (PoS) into a new sustainable and secure algorithm for the Burst blockchain. In this new consensus, miners that commit both a balance (stake) as well as capacity have a better chance of mining blocks and earning improved mining rewards. Burstcoin was rebranded as Signum (SIGNA) on 24 June 2021.
Signa is mainly used for payment and staking mining, and by pledging a certain number of Signa tokens in an account to earn mining rewards (the more staked, the higher chances to mine more rewards).
Total supply:2,158,812,800 (supply of BURST)
Circulation supply：2,129,047,415（as of 24 June 2021）
Token allocation and distribution
Genesis block: 10 August 2014
b)Token allocation: no pre-mining or ICO for fair issuance
BP Time: 4 mins (average BP time)
Block Rewards: Block reward starts at 10,000 BURST, decreasing by 5% each month. There are 141 block awards as of June 6, 2021, based on the current block browser.
4 .Useful links:
Block browser: https://explorer.signum.network/
White paper: https://signum.network/wp/Signum_Business_Whitepaper.pdf
Note: The above information is published by the project team which may contain errors, omissions, or out of date. The content is strictly for reference only and does not constitute any investment advice. BHEX shall not be responsible for any direct or indirect monetary/financial losses due to the reliance on this information.