Mochimo is a 3rd generation cryptocurrency that addresses the needs of today and the demands of tomorrow. The main features of Mochimo are:
Quantum Resistance
Mochimo uses WOTS+ quantum resistant encryption. Our code has been reviewed and approved by the EUs PQcrypto and Andreas Hulsing.
Chain Crunch
Thanks to Mochimo's proprietary compression algorithm the size of a node will always be around 5gb as opposed to 172gb for Bitcoin and over 1tb for Ethereum.
True Decentralization
Mochimo uses Triggs algorithm. Triggs algorithm uses a simple neural network as opposed to simple math. The result of this is that ordinary cpus are the weapon of choice for mining Mochimo. This combined with chain crunch and the random network model make create the most decentralized cryptocurrency to date.
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: .0000005 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:
Website:
http://www.mochimo.orgDiscord Invite:
https://discord.gg/ApEjTdATwitter: @mochimocrypto
Reddit:
https://www.reddit.com/r/mochimo/GitHub:
https://github.com/mochimodev/mochimoPremine 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: 2.16% (1.56M 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.
