Proof of Trading (PoT)
Last updated
Last updated
THI's unique consensus mechanism, Proof of Trading, validates transactions and generates new blocks. Unlike traditional methods, this approach involves traders directly in transaction validation and block creation, making them the validators themselves.
Traders play a pivotal role in the THI ecosystem, expanding the boundaries of involvement. Their contribution to network growth and utility enriches ThirdFi's stability and appeal to all stakeholders, including users, speculators, traders, decentralized applications (dApps), and all other participants within the network.
Liquidity and trading volume are often regarded as the cornerstone of healthy and vibrant financial markets. They not only enhance market efficiency and price discovery but also foster investor confidence, drive token utility, fuel network effects, and provide a competitive advantage for projects in the cryptocurrency and DeFi space.
Elevated trading volumes and extensive liquidity are drawing increased interest from traders, arbitrageurs, and speculators to token pairs on all cryptocurrency exchanges, whether decentralized or centralized.
Rather than fixating solely on price, ThirdFi places greater emphasis on volume and liquidity generated by trading activities. This approach fosters a positive feedback loop that benefits all parties within the ecosystem.
T-Node
$THI token
$oTHI (Option Token)
Conversion of $oTHI to $THI
