POC Chain (POCC)

POC Chain, the crypto

POC Chain (POCC) is a decentralized blockchain platform designed to provide a more energy-efficient and cost-effective alternative to the proof-of-work (PoW) consensus mechanism used by most cryptocurrencies, such as Bitcoin. POC Chain (POCC) uses a proof-of-capacity (PoC) consensus algorithm, which allocates mining power based on the amount of storage space that a miner has available on their hard drive, as opposed to the computational power of their hardware.

The point

The main point of POC Chain (POCC) is to address the energy consumption and high costs associated with traditional PoW mining. By using a PoC algorithm, POC Chain (POCC) aims to reduce energy consumption and hardware costs, making mining more accessible and environmentally friendly. POC Chain (POCC) also enables users to participate in consensus-building with lower computational power, making it more accessible to the average user.

The problem

POC Chain (POCC) tries to solve the energy consumption and cost issues associated with PoW mining. PoW mining requires high computational power and results in significant energy consumption and associated costs. POC Chain (POCC) uses a more energy-efficient PoC algorithm, which allocates mining power based on available storage space, rather than computational power, which reduces energy consumption and cost. POC Chain (POCC) also aims to provide a more accessible and environmentally friendly alternative to PoW mining.