Is PRIZM mining through SHA256 or POS mining?You say in wallet have a PRIZM can produce a new PRIZM coin, is it POW + POS?The project is still interesting and I will continue to pay attention.
Prizm is 100% POS plus a very unique own developed system of paramining which allows to build really decentralized referral system through block chain itself. The relations between wallets is written inside blockchain, at the moment of first transaction. The more the volume of your team, the faster paramining produces the new coins.
Prizm is the only DECENTRALISED cryptocurrency where referall system is implemented inside its block chain. All the others so-called "cryptocurrencies" (there are hundreds of them) which claim to have the automatic referral system inside it - are simply HYPE projects!!!
One doesn't need much brains to make a copy of bitcoin code, to claim that it is some unique blockchain, and then issue huge amount of pre mined coins, and start to distribute the same coins inside the structures -usually absolutely manually.
Networkers who drag the people in such so-called shit-coin
projects are risking:1. Their accounts can be blocked any time,
2. The structure built can be shifted anywhere any time
3. The rate of such coin can be dropped any time, due to absolutely huge and uncontrolled pre-mined amount of coins.
People are fed up to trust to such owners who invite them to participate, are fed up with all these technical support issues, tired of trusting to unknown programmers, and other issues with their servers, software etc.
That is why - only really decentralized projects, where there is no interference from the side of someone or something but everything is transparent in the source code and absolutely decentralised - are having such a success nowadays.
Prizm is one of such projects, and if you take closer, is even more decentralised than Bitcoin, because in Bitcoin nowadays miners become very choosy and want to confirm only transactions with higher commission. Here in PRIZM - the commission is fixed, and confirmations of transactions happen automatically without interference of prizm miners.
By the way, in PRIZM any user can install the node (server) on his/her computer, even person without any special technical knowledge and without having any mining equipment can become a miner and do the forging of blocks in Prizm.
No need to calculate the huge amount of hash garbage and waste so much energy for mining in Prizm!
Please, if you study Prizm cryptocurrency closer - you can understand Prizm is a technical perfection in the world of cryptocurrencies!
And 100% PRIZM has a bright future!!!