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About CWT

CoinW Token, CWT for short, is the CoinW-based token. CWT is a decentralized digital asset based on ERC20, with total supply of 25,000,000; “CoinW-based Token, formerly known as COINS has been rebranded to CWT on Aug 3, 2019.”Carrier: CWT is a token system based on Blockchain distribution and management. CWT holders can use it in multiple scenarios under the CoinW ecosystem and enjoy the corresponding rights. CWT will serve as an important hub to support the CoinW ecosystem. Rights and Interests: CWT holders enjoy the corresponding rights and interests of the entire CoinW ecosystem and will get sub-tokens as rewards. In addition, the increased scarcity brought by the continuous buyback and burn of CoinW is also a benefit for CWT holders.

CoinW Token (CWT) is a cryptocurrency launched in 2021. CWT has a current supply of 0 with 0 in circulation. The last known price of CWT is 0.064901400107 USD and is 0.00257677778 over the last 24 hours. It is currently trading on active market(s) with $39,288.55 traded over the last 24 hours. More information can be found at https://www.coinw.com/front/fastTrading?symbol=421.

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Updated Apr 24, 2024 1:59 am
CoinW Token
Mkt Cap $0
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PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
PayPal Proposes Incentives for Bitcoin Miners to Use Clean Energy
According to Blockworks, a recent report by PayPal's internal research group suggests that economic incentives could encourage bitcoin miners to adopt cleaner energy sources. Bitcoin's proof-of-work (PoW) consensus mechanism has been criticized for its high computational intensity, which has raised environmental concerns. The report proposes a solution that involves offering additional bitcoin rewards to miners who use low-carbon energy sources. Under the PoW mechanism, bitcoin miners are compensated with bitcoin for their computational work. The report suggests that a small additional amount of bitcoin could be allocated to miners who prioritize environmentally friendly practices. The proposed program would begin by identifying 'green miners' who use clean energy or have a minimal impact on energy grids. These miners would be identified by their public keys, referred to as 'green keys'. To incentivize these green miners, certain bitcoin transactions would include a UTXO with a multisig wallet containing extra bitcoin. This wallet could only be accessed by green keys. These transactions would also feature lower-than-average fees, making them more attractive to green miners. The report likens this approach to providing an 'indirect grant' to bitcoin miners who use cleaner energy. However, the report acknowledges potential drawbacks. For instance, miners who do not prioritize green practices could still pick up transactions earmarked for green miners if the low fees are not a deterrent. The report also suggests measures to prevent 'malicious green miners' from driving up transaction fees on green transactions for personal gain. The report does not specify the amount of the 'subsidy', only stating that the green miner multisig would contain 'some bitcoins'. If the public mempool solution proposed by PayPal is not effective, the report suggests that smart contracts or the Lightning Network could be used to privately reward green miners. This would, however, require a level of trust. The report was produced by PayPal's Blockchain Research Group, which has been operational since around 2015. The group tested aspects of the incentivization program with blockchain company DMG.
Apr 24, 2024 1:39 am

Frequently Asked Questions

  • What is the all-time high price of CoinW Token (CWT)?

    The all-time high of CWT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of CoinW Token (CWT) is 0. The current price of CWT is down 0% from its all-time high.

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  • How much CoinW Token (CWT) is there in circulation?

    As of , there is currently 0 CWT in circulation. CWT has a maximum supply of 25.00M.

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  • What is the market cap of CoinW Token (CWT)?

    The current market cap of CWT is 0. It is calculated by multiplying the current supply of CWT by its real-time market price of 0.064901400107.

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  • What is the all-time low price of CoinW Token (CWT)?

    The all-time low of CWT was 0 , from which the coin is now up 0%. The all-time low price of CoinW Token (CWT) is 0. The current price of CWT is up 0% from its all-time low.

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  • Is CoinW Token (CWT) a good investment?

    CoinW Token (CWT) has a market capitalization of $0 and is ranked #5834 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze CoinW Token (CWT) price trends and patterns to find the best time to purchase CWT.

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