SafeCoin is a community version of the Solana blockchain, built on the same architecture and Proof of History protocol as Solana. It offers an incredibly high transaction throughput of over 65,000 transactions per second, making it one of the fastest blockchains. SafeCoin's multi-threaded architecture also makes it highly energy-efficient, consuming only 0.00000025 kWh per transaction, making it one of the most sustainable cryptocurrencies.
Unlike Solana, SafeCoin is designed to be truly decentralized, allowing anyone to run their own validator node and participate in the network. This promotes greater decentralization as more people validate transactions. SafeCoin transactions have a fixed fee of 0.0001 SAFE per transaction, significantly lower than many other blockchains, and this fee does not fluctuate with network activity.
SafeCoin did not have an initial coin offering (ICO), initial exchange offering (IEO), or any other initial sales offering, and it is not classified as a security. The project is community-led by a passionate group of individuals interested in the future of cryptocurrency and the potential of SafeCoin. Instead of a traditional team, SafeCoin has a community of dedicated "Safers" contributing to its development.
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