Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
July 04, 2025, 12:44:50 AM Last edit: July 19, 2025, 10:49:34 PM by Nito Community |
|
NITO — SHA-256 Proof-of-Work Cryptocurrency Fair Launch • Real-Time Difficulty • 1-Minute Blocks Ticker: NITO Proof of Work (PoW)
Decentralized by Design Open to anyone with compatible mining hardware.
Security Through Competition Miners compete fairly using computational power, not wealth.
Equitable Participation Uniform rules and consistent reward mechanisms prevent centralization and support a truly open network.
SHA-256 Advantages
Proven Security Time-tested algorithm first implemented by Bitcoin, trusted across major cryptocurrencies.
Widespread Hardware Support Extensive availability of both new and second-hand ASIC miners ensures open participation.
High Attack Cost The energy-intensive nature of SHA-256 makes large-scale attacks financially prohibitive, reinforcing network security.
BLOCK REWARD SCHEDULEYears | Reward | Annual Output | Period Total | 1 | 512 | 269,107,200 | 269,107,200 | 2 | 256 | 134,553,600 | 134,553,600 | 3 | 128 | 67,276,800 | 67,276,800 | 4–10 | 64 | 33,638,400 | 235,468,800 | 11–20 | 32 | 16,819,200 | 168,192,000 | 21–50 | 8 | 4,204,800 | 121,939,200 | 51–200 | 2 | 1,051,200 | 157,680,000 |
POST-DISTRIBUTION PLAN
Once the 200-year emission ends, rewards drop to 0. A soft fork may be proposed to lock in a permanent 1 NITO block reward (~0.0455% annual inflation) to retain miner incentives. This would help offset coin loss and secure the network. SPECIFICATIONSAlgorithm: | SHA-256 | Block Time: | 60 seconds | Block Weight: | 0.8 MB | Retarget: | Real-time diff algo | Genesis Hash: | Nito/Core Genesis 8-4 | Premine: | None | Total Supply: | 1,154,217,600 NITO | Distribution Duration: | 200 years | Smallest Unit: | Nitoshi (1 NITO = 100,000,000 Nitoshi) |
|
|
|
|
Benjade
Jr. Member
Offline
Activity: 40
Merit: 1
|
 |
July 07, 2025, 02:53:19 AM |
|
Im in 
|
|
|
|
|
NitroPool
Newbie
Offline
Activity: 17
Merit: 0
|
 |
July 14, 2025, 10:37:12 PM Last edit: August 24, 2025, 01:57:38 AM by NitroPool |
|
⚡ NitroPool Supports NITO! NITO is live on NitroPool with full ASICBoost compatibility. 🌐 https://nitropool.net✅ PROP & SOLO mining modes ✅ Optimized for Bitaxe, Nano, Nerd, Lucky, Antminer & more ✅ Additional integrations coming soon! 🌍 Global Stratum Details: Australia: stratum+tcp://au.nitropool.net:3334
Europe: stratum+tcp://eu.nitropool.net:3334
America: stratum+tcp://us.nitropool.net:3334
🗨️ Join our community on DiscordHappy Mining 🚀
|
|
|
|
Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
July 19, 2025, 10:55:12 PM |
|
🚀 NITO Whitepaper Released We’re excited to share that the NITO whitepaper — created by the community, for the community — is now available!
|
|
|
|
Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
July 25, 2025, 11:48:55 AM |
|
🚀 NITO Web Wallet Now Supports Bech32M (Taproot)One of our talented community members, Biigbang0001, has added Bech32M / Taproot (BIP-350) support to the NITO Web Wallet! 🌐 Try it now → wallet-nito.nitopool.fr✅ New Features: - Modern address format support (Bech32M / Taproot)
- HD wallet import (Mnemonic / xprv / WIF / Hex)
- Encrypted on-chain messaging support
- One-time public key publishing for secure messaging
- Fully tested and synced with live NITO nodes
🔓 Open-source code: https://github.com/biigbang0001/wallet-nitoThis is another great example of how NITO is entirely community-built and continues to grow thanks to contributors like @Biigbang0001. Give it a try and let us know what you think! Together we’re modernizing the NITO ecosystem — one block at a time. 🧱
|
|
|
|
Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
July 28, 2025, 02:27:12 AM |
|
📢 Whitepaper Update – Now Mobile-Friendly!We’re excited to share that the NITO Whitepaper is now fully mobile-compatible, making it easier than ever to read and share from your phone — whether you're on Android or iOS. 📄 View it here: https://nitonetwork.github.io/Nito-Whitepaper/🙏 Big thanks to community member No-F8 for making the whitepaper more accessible to all users! just one more example of how community contributions are helping push NITO forward 🚀
|
|
|
|
Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
August 05, 2025, 03:14:26 AM |
|
⏳ One Month Until NITO's First Block Reward Halving! ⏳The NITO network is approaching a major milestone — its first block halving, set to occur in just one month. 🔶 Current Block Reward: 512 NITO 🔻 Post-Halving Reward: 256 NITO
✅ Year 1 Total Distribution: 269,107,200 NITO 💎 Year 2 Minting Cap: 134,553,600 NITO
This event marks a significant reduction in new supply — NITO will become twice as scarce per block, reinforcing the project’s deflationary design. Whether you're mining, building, or just following the project, this halving is a defining point in the long-term economic model of the NITO network. Stay tuned. Stay synced. Halving soon.
|
|
|
|
Nito Community (OP)
Newbie
Offline
Activity: 7
Merit: 0
|
 |
August 24, 2025, 02:11:07 AM |
|
🤝 Join the NITO Community 🤝 NITO is more than just a SHA-256 chain. It’s a community-driven project with fair launch, transparent development, and a long-term vision. ✔ Stay updated with news & dev posts ✔ Join discussions & share ideas ✔ Support the network with your skills Together, we grow NITO stronger!
|
|
|
|
|