Blue Protocol

USD $0.004
stockPerformance 0.00 (1.96%)
Updated: 13 Jan, 5:38 am UTC
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Blue Protocol is a new cryptocurrency optimised for security, privacy, and scalability. It is the first cryptocurrency to offer a hybrid consensus system, combining both Proof-of-Stake (PoS) and Proof-of-Work (PoW) protocols. Blue Protocol is an open source project funded by the Ethereum Foundation and developed by a team of leading engineers and entrepreneurs.

The project was launched in 2020 with the intention of creating a secure, private, and scalable cryptocurrency. The team behind Blue Protocol have designed a unique consensus system that uses both PoS and PoW protocols. This allows for faster transactions and a more secure blockchain. The team also developed a privacy layer that is integrated into the cryptocurrency, allowing users to remain anonymous while using their coins. Blue Protocol also offers a low-cost transaction fee and is compatible with smart contracts. This makes it a great option for businesses and developers who want to build applications on the blockchain.