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Spacemesh
Spacemesh was the company behind a permissionless programmable cryptocurrency and proof-of-space-time blockchain; the company ceased operations in April 2025 while the open-source network remains available.
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Spacemesh
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Description
Spacemesh is an open-source programmable cryptocurrency platform that aims to create a fair and decentralized ecosystem. It utilizes a unique proof-of-space-time (PoST) consensus protocol, eliminating the drawbacks of traditional proof-of-stake and proof-of-work systems. By enabling anyone to mine the cryptocurrency and reducing energy consumption, Spacemesh promotes fair distribution and provides a robust infrastructure for tokenized apps, communities, and economies.Category: L1