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A Blockchain-based Currency: Shakti Coin

Xuefei Ju

Summary: According to prnews, Swiss-based public-benefit Foundation, the Swiss Shakti Foundation, plans to launch a blockchain-based coin – Shakti Coin (SXE). This stable coin is based on Proof of Effort (PoE) that aims to democratize mining, and as a true medium of exchange for day-to-day transactions. Its features include easy to use, stable value, energy efficient, ...

According to prnews, Swiss-based public-benefit Foundation, the Swiss Shakti Foundation, plans to launch a blockchain-based coin – Shakti Coin (SXE). This stable coin is based on Proof of Effort (PoE) that aims to democratize mining, and as a true medium of exchange for day-to-day transactions. Its features include easy to use, stable value, energy efficient, democratized mining, speeds of over 10,000 transactions per second (TPS), etc.

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