RepoBike / ohmcoin

POS/Masternode Cryptocurrency

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NOTE: this is not the final readme and may be inaccurrate as we are still in development, once we do the final release the readme will be updated to reflect our final product. Thank you -Ra's Al Ghul

OHMCoin Core integration/staging repository

Build Status GitHub version

OHMCoin is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using coin mixing technology, we call it Coin Mixing.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
  • Decentralized blockchain voting providing for consensus based advancement of the current Karmanode technology used to secure the network and provide the above features, each Karmanode is secured with collateral of 3000 OHMC

More information at ohmcoin.org

Coin Specs

Ticker SymbolOHMC
AlgorithmQuark
TypePoW - PoS Hybrid*
Block Time30 Seconds
Difficulty RetargetingEvery Block
Premine/Initial Supply30Mil OHMC*
OHMC Created Per block1 OHMC*

*First 1000 Blocks PoW. 1001 - Infinite Blocks PoS only.

**30Mil OHMC initial coins Premined to Swap over prior OHMC Block Chain.

PoS/PoW Block Details

Proof Of Work Phase1-1000 Blocks.
Proof of Stake Phase1001-100 Million

Staking Methods

KarmanodesYes - 3000 OHMC Required
Wallet StakingYes - 1 to infinite OHMC

Staking Reward Details

OHMC Produced1 OHMC Per Block
Amount Designated for Rewards100% of OHMC produced goes to Staking Rewards
Rewards AlgorithmSeeSaw Based Targeting System
Amount of Rewards Per Block2 Rewards, 1 for Karmanodes, 1 for Wallet Staking
Coin Maturity to Stake150 Blocks

About

POS/Masternode Cryptocurrency

License:MIT License


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