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Author Topic: Major Mochimo Updates! POW/Quantum Proof/InstantTXs/No ICO 72.1m Coins  (Read 780 times)
jollycomet
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June 12, 2018, 03:50:44 PM
 #1

http://i63.tinypic.com/211ov94.png

Update # 1

Over the last month the Mochimo Development team has made significant progress!

We now have an open beta that will transfer coins 1-1 over to the mainnet!

The Development team is continuing to look for new miners to join the community and has multiple open bounties.

Please join us on our slack channel for additional information!

Update # 2

Due to recent changes in regulatory environment the Mochimo Development team will be canceling the originally planned Bitcoin parity payment and will be restructuring the block rewards. Please see details below!

http://i64.tinypic.com/b6r8sw.png



Overview:

Coin Name: Mochimo
Ticker Symbol: MCM
Launch Date: June 30th, 2018
Short Description: Quantum-Proof Cryptocurrency
Maximum Supply: 72,057,594 MCM (2^56 / 10^9)
Network TX Fee: .00050000 MCM (fixed)
Starting reward: 5.0 MCM / Block
Per Block Increment (through Block 373760, 4 Years): .000199637 MCM
Max Reward (Block 373760): 79.616325120 MCM
Per Block Decrement (through Block 1586265, Year 22): .000061539 MCM
Final Reward (Block 1586265): 4.999979925 MCM
Total Mining Duration: ~22 years

Social Media / Websites:

Slack Channel Invite: https://join.slack.com/t/mochimo/shared_invite/enQtMzczNDYxNTc4ODY4LTFhNzI1NTdhM2JmMTU2NGI0ZjIzYWM5NjE5MGFkNTIwM2RkNjc5MmNmNmJhNzFkNGFlYTg2MzU2YjE3ZTdhOTI
Website: http://www.mochimo.org
Slack Channel Invite: https://mochimo.slack.com/
Twitter: @mochimocrypto
Reddit: https://www.reddit.com/r/mochimo/
GitHub: https://github.com/mochimodev/mochimo

Premine Details:

Bitcoin Parity Payment: Mochimo originally planned to conduct a BTC Airdrop with a 1 to 1 match, however this Airdrop was canceled due to the new regulatory environment.
Total Pre Mined coins: 4,757,066 MCM
Dev Team Compensation Premine: 4.44% (3.2M MCM)
Future Development Escrowed Premine: 2.11% (1.55K MCM)

Mining:

Mineable Coins: 67,300,528 (93.39%)
Mining Algorithm: Trigg's Algorithm - PoW (Mochimo Custom CPU-Only, ASIC Resistant)
Difficulty Adjustment: Every Block
Block Time: 337.5 Seconds
Genesis Block: June 30th, 2018

White Paper Release Date:
Thursday, May 3rd, 2018

Quantum-Proof DSA:
WOTS+ Huelsing & Rijneveld's Variant, link below:
https://datatracker.ietf.org/doc/draft-irtf-cfrg-xmss-hash-based-signatures/

ICO Details:
No ICO

Summary:
Mochimo is a blockchain-based 3rd generation cryptocurrency that has been designed from the ground up to be a quantum-proof transaction network.  The implementation solves a number of existing problems with crypto, most notably the susceptibility of the ECDSA algorithm to quantum-computing based attacks.
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June 12, 2018, 03:55:14 PM
 #2

res
jollycomet
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June 12, 2018, 03:58:35 PM
 #3

what does res mean?
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June 12, 2018, 04:00:19 PM
 #4

res pool
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June 12, 2018, 04:10:06 PM
 #5

looking forward to what's to come
loicuagio1979
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June 12, 2018, 04:18:42 PM
 #6

1. Kindly explain one-click mining for Mac wallet and what's it advantage and how it's different from normal one?
2. Do you have bounty campaign? If yes, I wanna join
CoinElect1966
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June 12, 2018, 04:26:00 PM
 #7

Hello - I've been following this one with a keen eye for a while now ... !
I can confirm the Slack community - mochimo.slack.com - is awesome !  :-) 
Also if there are any questions - I'm sure we can try to answer them here as well  ...

 Grin
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June 12, 2018, 04:27:03 PM
 #8

Happy with the final distribution plan.  I think it's for the best.
gobisirom
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June 12, 2018, 04:29:40 PM
 #9

how to mine on your project? then where is the website of your project? tell me please .. and good luck for your project Wink

mistercashking
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June 12, 2018, 04:33:45 PM
 #10

Happy with the final distribution plan.  I think it's for the best.
same, love that we can get mining rewards for up to 22 years. Good ol POW. Join slack and test it out guys.

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voteformeg
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June 12, 2018, 05:16:27 PM
 #11

looks as a very promising project but is there any info about mining this ?, or is it nessecary to join slack and then get the info there , why not on the ANN page , that would be clear for  more people

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June 12, 2018, 05:52:34 PM
 #12

How to mine ??
wingsauce
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June 12, 2018, 07:15:43 PM
 #13

looks as a very promising project but is there any info about mining this ?, or is it nessecary to join slack and then get the info there , why not on the ANN page , that would be clear for  more people

How to mine ??

Right now we are in our last iteration of testnet before main net launch on June 30th.  Please join the slack, and under the #open-beta channel you'll find the v25 package pinned, and you'll need to compile to run the node/miner.  Make sure you have a clean install of Ubuntu 16.04 and your router's port forwarded to 2094.  Folks on Slack are ready to help you!
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June 12, 2018, 07:16:32 PM
 #14

How to mine ??

Come to the Slack channel.
You will find the instructions there.
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June 12, 2018, 09:14:39 PM
 #15

nvm, im using windows.
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June 13, 2018, 04:22:58 AM
 #16

 Chinese Translation Reserved
Franciscobasi20
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June 13, 2018, 09:02:07 AM
 #17

This coin has been added to BitDiscuss


BitDiscuss - Cryptohead's community
In this Discord server, we discuss everything about cryptocurrency and the ways of making money out of it.
You can find every section about cryptos here - from mining to ICOs, from trading to airdrops..

+We give away 300DGB every week to our members!


Join us: https://discord.gg/emKA7GA
dkbit98
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June 13, 2018, 10:31:45 AM
 #18

Q1:
When should test mining finish and start with regular mining ?

-

"Bitcoin Parity Payment: Mochimo originally planned to conduct a BTC Airdrop with a 1 to 1 match, however this Airdrop was canceled due to the new regulatory environment."

Q2:
Is there going to be some other airdrop instead ?

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June 13, 2018, 01:03:01 PM
 #19

how to mine on your project? then where is the website of your project? tell me please .. and good luck for your project Wink

all of the links are in the post
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June 13, 2018, 09:34:03 PM
 #20

VOTE FOR EXCHANGE:

Ubit - Cryptocurrency Exchange - https://ubit.pw/
Discord: https://discord.gg/G7dwYad

Vote Mochimo, be listed - https://vote.ubit.pw/

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