Update Oct. 12th,

GOOD NEWS,

Our developers have updated the Alefaa-Blockchain to a POS+POW consensus system algorithm, the Genesis block has been created, and we are doing internal testing. We will keep the public informed when we have the new updates.

Update Oct. 20th,

Dear Alefaa Blockchain users:

The explorer of Alefaa-Bitcoin is live, pls check the details from the following link:

http://explorer.alefaa.org

We are developing the mining pool, when it’s ready, we will give new updates for it.

And we missed the information for the reward of PoS, the total reward in 2029 for PoS will be 1 million ABTC, it will be distributed to each ABTC address by its percentage of the ABTC amounts.


Introduction
Alefaa-Bitcoin is a form of digital online money using blockchain technology that can be easily transferred globally, instantly, and with near zero fees;
Alefaa-Bitcoin incorporates market leading securtiy & Privacy and is PoS (Proof of Stake) Cryptocurrency;
Alefaa-Bitcoin utilizes a Proof of Stake (PoS) consensus system algorithm, and plus a Proof of Work (PoW) consensus system algorithm, allowing all owners of Alefaa-Bitcoin to participate in earning block rewards while securing the network with full node wallets, as well as to run Masternodes to create and vote on proposals;
Alefaa-Bitcoin has a total pre-mined ABTC of 20,856,000, and kept 144,000 ABTC to be mined during Oct. 2022 and Oct. 2029;
In October 2029, when the mining phase is reached, then another 1 million of ABTC will be distributed by the percentage of the holding amount;
Although it’s not a share of any Alefaa companies, up to 50% of the business profits will be used to purchase the ABTC from the market.

Update Nov. 06th,

GOOD NEWS!

The official public mining pool is now published, pls check below:

Pool.alefaa.org

Update Nov. 09th,
Twitter account is just created, all future update will be posted there, please check the link and follow:

https://twitter.com/AlefaaBitcoin

Update Nov. 17th,

ABTC hashrate weekly update!
The average mining hash rate of ABTC on Nov.17th, 2022 is about 15T.
Currently the estimated electricity cost for ABTC mining hash rate is about $137,143/month.

The monthly mining income will be 1714 ABTC, so the estimated market value up to Nov.17th, 2022, would be $600,000/1714 ABTC = $80/ABTC.

Please note: The mining hash rate changes from time to time, and this estimated calculation is not an investment suggestion, anyone should bear the investment risks according to his/her own responsibility.

Update Nov. 22th,

Total 1,837,592 ABTC have been destroyed in the following 2 wallet addresses, due to the stake reward in 2029 will be 8.8381%, so a total of 2,000,000 ABTC have been destroyed up to date.


Destroy01
AUrwcARd31GfE2NLxqjGtBiKN35aECqe57
7592
Destroy02
AdphPkhhy3RTkzdbC6kqa6KqbKN9uWqWsi
1830000

New version of ABTC whitepaper V6.0 is published

https://drive.google.com/drive/folders/1wFJKthBxsuLkDNRiSTqQf_iKTJO4lpcN