Pecu Novus Proof of Time Consensus Mechanism

The Proof of Time consensus mechanism was conceptualized and introduced by the Pecu Novus Blockchain Network in 2018 as it transitioned from PoW to a more inclusive PoT mechanism. In 2021 the Pecu Novus conservators sought to upgrade the consensus mechanism to a more energy-efficient, inclusive, and sustainable one that prioritizes long-term commitment over resource-intensive computations or staking.

The introduction of the Proof of Time consensus mechanism in 2018 represented a significant step forward in blockchain technology. Its emphasis on time, energy efficiency, inclusivity, and scalability aligns with the growing demand for sustainable and accessible blockchain solutions. As PoT gains traction and with the upgrade in 2023, it has the potential to reshape the blockchain landscape, offering a more inclusive, secure, and environmentally-friendly platform for various applications and industries. Pecu Novus’ innovative approach has the power to unlock new possibilities and accelerate the adoption of blockchain technology on a global scale.

Proof of Time embodies several features that foster global inclusion within the blockchain ecosystem such as:

Energy Efficiency and Sustainability
Encouraging Long-Term Commitment
Reduced Barriers to Entry

Learn more at www.pecunovus.com