StrongHands SHND

The wonderfully named StrongHands (token ticker SHND) is the project that wears its goals on its sleeve: the current ways of mining and even transferring cryptocurrencies is unsustainable in the long term. The way in which the demand for energy in mining Bitcoin grows is geometrical. Sooner rather than later, the consequences seen not only in nature, but even on the human way of life, might become a real problem. Unimaginably huge coin farms are devouring as much energy as entire cities full of hundreds of thousands of people. StrongHands, seeing that for a terrifying threat, offers a new solution: by combining two consensus mechanisms, proof-of-stake as well as proof-of-work, the project aims to build a community-driven (which is a very specific focus for the StrongHands team) cryptocurrency that would allow for growth on a much larger scale than, as a clear point of comparison, Bitcoin, all the while being faster, cheaper and much more viable for both regular day spending and trading.

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