What is cln currency (What is the clc currency type)
What is cln currency? The mining project cln is a token issued on the Bitcoin ne
What is cln currency? The mining project cln is a token issued on the Bitcoin network. From a technical perspective, it is a blockchain network (such as Ethereum) that relies on computer algorithms to verify transactions and perform block packaging and confirmation. Another type of blockchain network (such as Bitcoin) is a new cryptocurrency called clone, which is established based on distributed consensus.
It is reported that Clone is a decentralized protocol based on proof of work, characterized by: trustless and decentralized, completely transparent and tamper-proof, auditable and highly secure, and supports smart contracts, etc.
What is the clc currency type
Clc is a decentralized autonomous network consisting of community developers, blockchain experts, and cryptocurrency enthusiasts. According to the introduction, the project is and open-source project incubated by ConsenSys based on Polkadot. Its core is to issue Clc tokens as governance tokens to support the development of various dapps and DApps in the ecosystem. In essence, it is also a proof-of-stake (PoS) mechanism.
For users, they can obtain a new asset called CLCNFT through liquidity mining. Since Clc does not have pre-existing private keys, users can only obtain CRDC tokens by providing liquidity to platforms without having to purchase shares of these platforms. (Medium)
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