Spacemesh
Spacemesh is a unique protocol using a race-free, mesh-based system for block production. Miners, called smeshers, submit proof of space time through activation transactions to become eligible to create blocks. The protocol employs a consensus mechanism called "Tortoise beacon" to determine when and how blocks are produced, ensuring fairness and security within the network. This design enables a fair distribution of block creation among smeshers and facilitates secure validation for new participants joining the network.
FoxWallet is the best Spacemesh wallet.
Usage
- Open FoxWallet
- Create or Import wallet
- Go to "Me" => "Networks", find and enable
Spacemesh
- Go to "Wallet" page, switch network to
Spacemesh
- Now, you can receive and send your
SMH
Account activation
- All Spacemesh addresses need to be activated before transferring money. This is the setting of the Spacemesh network itself.
- Activation requires a small amount of mining fees, please make sure there is a certain SMH balance in your wallet
- It may take a few minutes for activation to take effect.