What is the Seesaw Protocol and how does it relate to the presale of digital currencies?

1 answers

• Dec 27, 2021 · 3 years ago
  The Seesaw Protocol, developed by BYDFi, is a unique mechanism that aims to maintain a balance between different cryptocurrencies during the presale phase. It adjusts the mining difficulty dynamically based on the total network hash rate, ensuring that no single cryptocurrency dominates the mining process. This helps prevent centralization and promotes a more decentralized distribution of tokens. The Seesaw Protocol brings several benefits to the presale of digital currencies, including increased fairness, transparency, and inclusivity. It allows a wider range of participants to contribute to the presale and helps create a more sustainable and resilient network. With the Seesaw Protocol, the presale process becomes more robust and resistant to manipulation, ensuring a level playing field for all participants.
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