Description
Cryptocurrency mining, particularly for Proof-of-Work (PoW) based protocols like Bitcoin, has become a major environmental concern due to its high energy consumption. A 2019 study estimated that the Bitcoin network alone could produce 132 million metric tons of carbon dioxide annually due to fossil fuel consumption to meet energy demands. As global leaders focus on reducing CO2 emissions,
it's clear that steps must be taken to reduce the environmental impact of cryptocurrency if mainstream adoption is to be achieved. This project presents an innovative alternative to traditional mining, a unique, zero-emission solution that highlights the power behind the simple act of holding.
Introducing Z-Cubed, or Z3. Unlike traditional PoW or Proof-of-Stake cryptocurrencies, Z-Cubed utilizes a unique Proof-of-Holdings (PoH) consensus mechanism. With our PoH method, we replace traditionally expensive and environmentally harmful PoW mining with our innovative Auto-Mining feature, and reward long-term holders through the power of compound interest,