Bitcoin Forum

Hoot with delight! We're thrilled to announce HootChain (HOOT), a brand new blockchain born from the wings of the mighty Dash. Inheriting all the features that made Dash one of the top blockchains in the space, HootChain takes flight with an ambitious vision: a comprehensive DeFi ecosystem built to empower HOOT's utility and propel it to new heights. HOOT isn't just a coin, but a key that unlocks a treasure trove of DeFi applications. That's the future we're building.

Is this Scam? Why choose X11 Algo?
We know that is the first question came to your mind and its obvoius afterall so many scam coins were launched and died. They followed a same pattern which we, check our github and confirm yourself we really made some efforts to fork and make some changes to the blockchain.

This coin have masternodes, so only rich will get rich? What about miners?
We belive both miners and stakers play major role in securing the blockchain network and I personally think that masternodes performs various taks which make HootChain network more secure and fast. But to distribution fair initially miners will have advantage in block distribution and slowly the advantage will move to masternodes. We will talk about it in detail later in this post.

First 600 Blocks will get 20% of actual block reward that is 1 HOOT then on 601 block actual block reward will start. This should give everyone enough time to catch up including miners and pool owners etc.

HootChain Tokenomics
Maximum supply: 9.95 million HOOT
Quarterly reward reduction: ~6.25%
Initial block reward: 5 HOOT
Algorithm: X11
Maturity: 150 Blocks
Block frequency: 60 Seconds
Superblock Time: 86,400 Blocks (2 months)
Premine: 30,000 HOOT (10 masternodes for Presale)
Masternode collateral: 3000 HOOT

The block reward distribution will gradually shift over the next seven months to a permanent split between miners and masternodes. It will start with 60/40 split between miners and masternodes, each month, the proportion allocated to miners will decrease, while the portion for masternodes will increase, until they reach their final allocation of 39/61 respectively. The reward allocation for Masternodes is set to increase by 3% every month untill final ratio is achived.

Initial block reward distribution
Miners: 55.55%
Masternodes: 36.95%
Development fee: 5%
Superblock rewards: 2.5%

Final block reward distribution
Miners: 35.58%
Masternodes: 56.92%
Development fee: 5%
Superblock rewards: 2.5%

Red more about it in detail here: https://docs.hootchain.org/the-hoot-coin/tokenomics

Wallets:

https://github.com/HootChain/HootChain/releases/tag/v1.0

Links:

Website: https://hootchain.org/
Explorer: https://explorer.hootchain.org/
Github: https://github.com/HootChain/HootChain
Whitepaper: https://hootchain.org/hootchain_whitepaper.pdf
Documentation: https://docs.hootchain.org/
Discord: https://discord.gg/WEPECmANVy
Twitter: https://x.com/HootChain
Telegram: https://t.me/HootChain
Logo: https://drive.google.com/file/d/1GBVsbt_lYuRAkNzJfGmH6XWz0FUGDtuC/view?usp=sharing

Exchange: https://xeggex.com/market/HOOT_USDT

Mining Pools:

https://pool.hootchain.org/#hootchain_pplns
https://oasispool.xyz/#hootchain/stats
https://mine.evepool.pw/#hootchain
https://altcoinspool.com
http://epool.uk/#hoot1

All: https://miningpoolstats.stream/hootchain

Reserved!!

Wow, this is a fork of the Osmium code. We are famous enough that people use
our code to create new coins 😎.

With 2 restarts (for fairness... Cry) and crappy X11 algo, what is the point?

Plus:
Pre-mine to make MN sales and dev fee.

It is worse than that. This is Rily. He's back. And teamed up again with the same "partner" using bought Discord accounts.
It is too many scams to list them all. <sigh>

https://bitcointalk.org/index.php?topic=5499259.msg64243564#msg64243564

Who is Rily? Never heard that name before. It seems you are confused. These are not bought discord accounts lol join the server and we can have proper discussion if you are intrested in that.

We're proud to announce that the HootChain presale was successfull, sold 100% of premine and a  total of $7530 amount was raised!!

Just wanted to let you all know that we've made the payment to get listed on Xeggex.
So, the process to get us on their exchange is officially underway!   ;)

great.  :)
time for the fire sale...  :-\

yay, firesale with no coins  ;D