The mainnet of NOW Chain has been launched, introducing a new consensus mechanism called Proof of Mobile (PoM). This innovative approach utilizes smartphones to create a more inclusive, secure, and energy-efficient blockchain network.
Unlike conventional systems like Proof of Work (PoW) and Proof of Stake (PoS), PoM utilizes existing mobile infrastructure, reducing energy consumption and promoting greater adoption of blockchain solutions among everyday users. The focus on mobile devices aligns with the trend of integrating technology into daily life, making blockchain more approachable for the average consumer.
The PoM solution prioritizes security by incorporating advanced smartphone security measures, including biometric authentication. This enhances the reliability of the blockchain network and addresses concerns about transaction safety. NOW Chain has also made significant progress in user engagement, connecting over 4.26 million wallets and demonstrating strong functionality and user participation.
The platform enables seamless transactions across different blockchain networks. Points and referral programs incentivize user engagement and contribute to the growth of the NOW Chain community.
NOW Chain's focus on the future of blockchain is centered around accessibility and sustainability. The PoM consensus mechanism makes blockchain technology more accessible and aligns with global efforts to promote greener technologies. With its commitment to environmental sustainability, enhanced security, and user engagement, NOW Chain is positioned as a leader in the next generation of blockchain solutions.
As NOW Chain prepares for its mainnet launch, it invites users and developers to explore its innovative ecosystem. The mobiNODE app is readily available for download, providing an opportunity to engage with this transformative technology. NOW Chain is at the forefront of the exciting evolution of the blockchain landscape.