Matrix AI Network FAQ

An average transaction takes over an hour to verify. If security should be an issue for crypto assets, then there is no point investing in them. PoW of Bitcoin is nothing but meaningless hash computing that creates no real value for society. According to statistics, 70% of the world's computing power is consumed to mine cryptos, which is a million times Google's computing power. Bitcoin mining also consumed more power each year than 260 countries of the world, creating a huge waste.