Bitcoin Latinum (LTNM) backers further modified their support this week following the cryptocurrency’s successful launch on DigiFinex.
Launched on the DigiFinex platform, which has over 4 million daily users globally, LTNM recorded an open rate of over 200% in the first hour.
Additionally, the developers also announced that it will be available on six other exchanges by the end of the year. These exchanges include: HitCTC, FMFW, Changelly, Changelly Pro, Bitmart, and XT.com.
Monsoon Blockchain Corporation, which developed the cryptocurrency on behalf of the Bitcoin Latinum Foundation, also discussed the challenges of making the cryptocurrency more environmentally friendly than other cryptocurrencies.
According to the statement, this is a challenge that has already been overcome. “LTNM is one of the greenest cryptocurrencies in existence and recently joined the Crypto Climate Accord.”
The reasoning behind this is as follows: “LTNM holders are rewarded for holding their coins as collateral for holding stakes on the Bitcoin Latinum Network, leveraging an advanced proof-of-stake (PoS) mechanism. This reduces electricity consumption. LTNM reduces energy consumption to 0.00015 kWh per transaction.”
This asset-backed cryptocurrency is gaining new fans every day.