CUT coin benefits
By utilizing the Proof of Stake
consensus we are freeing coin holders of the new emission inflation, that is typically paid
to miners in Proof-of-Work chains. The security of the blockchain and approval of
transaction is in the hands of the CUT owners that have chosen to put their coins "on stake"
and earn interest in the form of block rewards for approving
the said transactions. It is
our believe that our approach achieves better decentralization than Proof-of-Work networks,
where the chain control can switch very fast when new, better
hardware for mining can be
secretly developed and used.