Coin Specifications
The next-generation blockchain protocol based on the integration of optimized and innovative algorithms at the Bitcoin core level
Genesis Block: 05-31-2025
Name: Evoai
Ticker: EVO
Block Time: 60 seconds
Block Rewards: 25 EVO
Production reduction mechanism: Reduce by 1% each month
PoW Algorithm: evohash
Algorithm adjustment: Approximately 2 weeks per era
Difficulty Adjustment: Every block
Max Supply: 21,000,000 EVO
Pre-mine: 5% (1,050,000 EVO)
website:
https://evoai.top/ explorer:
https://explorer.evoai.top/ Windows Wallet:
https://evoai.top/app/win.zip Linux Wallet:
https://evoai.top/app/linux.zip Mac OS Wallet:
https://evoai.top/app/mac.zip Discord:
https://discord.gg/9ucxz92SXN Telegram:
https://t.me/+oLGorom06EllYzk1
https://github.com/evoai-team/evo
2. Initial Intent and Core Mission
1. Initial Intent
-Return to Satoshi Nakamoto's Vision: Building upon the decentralization and security of Bitcoin, addressing its long-standing performance bottlenecks and the lack of functionality.
- Technological Democratization: Through the anti-ASIC evohash algorithm, breaking the monopoly on computing power, enabling individual miners and the community to participate equally in the ecosystem development.
2. Addressed Issues
- Bitcoin Scalability Crisis: By implementing a 60-second block time and dynamic sharding technology, the TPS has been increased to 2000+ (300 times that of Bitcoin).
- Privacy and Compliance Conflict**: An optional ZKP privacy layer is provided, along with an open compliance auditing interface, to meet the needs of enterprise-level users.
- Ecosystem Fragmentation: Through the atomic swap cross-chain protocol, seamless interoperability of assets such as Bitcoin and Ethereum is achieved, avoiding the fragmentation of multiple chains.
3. Update of Technical Implementation Mechanism
1. Design of evohash Algorithm
- Key Features:
- Initial Encryption Iteration: An additional time lock and random salt value are added on top of SHA-256 to prevent pre-computation attacks.
- Advantages:
- Compared to traditional PoW algorithms (such as SHA-256), the algorithm complexity is increased by 10,000%, while reducing the risk of 51% attack.
- Network Fairness: EVO will adjust the algorithm every two weeks to resist the risk of ASIC and FPGA monopolizing the computing power market for a long time.
2. Block Time Optimization
- 60-second Block Generation Logic:
- Through UTXO rapid verification and compact block dissemination protocol, the rate of orphan blocks is reduced to below 0.5% (approximately 1-2% for Bitcoin).
- The transaction confirmation time is shortened to 3 minutes (3 block confirmations), meeting the requirements of high-frequency payment scenarios.
3. Economic Model Adjustment
- Release Rules: Linear unlocking over 4 years to ensure long-term alignment of the team and the ecosystem interests.
- Production Reduction Mechanism:
- Monthly 1% Reduction: By smoothing the inflation curve to avoid significant market fluctuations (more gradual compared to Bitcoin's halving every 4 years).
- Economic Significance: The income of early miners can be controlled for decay, maintaining a stable cybersecurity budget in the long term.
4. Why Choose Evoai
1. Technical Uniqueness
- Trinity Architecture:
|-------------|----------------|-----------------------------|
| Dimension | Bitcoin | Evoal Innovative Solution |
| Performance | 7 TPS | 2000+ TPS (UTXO sharding) |
| Privacy | Transparent ledger | Optional ZKP + CoinJoin mixing mode |
| Features | Basic scripts | BitVM 2.0 + EVM dual virtual machines |
|-------------|----------------|-----------------------------|
2. Ecological Compatibility
- Seamless Integration with Bitcoin Toolchain: Supports Bitcoin address formats (BIP32/BIP39), hardware wallets (Ledger/Trezor).
- Developer-Friendly
3. Economic Model Advantages
- Fair Start: The pre-mining ratio is only 5% (significantly lower than the 10-20% of most fork chains), with community governance playing a dominant role.
5. Market Competition and Value Positioning
1. Target Users
- Bitcoin Holders: Use Evoal to release the liquidity of BTC assets in DeFi and privacy payments.
- Enterprise Customers**: Utilize the compliant privacy layer and high TPS features to conduct supply chain finance, cross-border settlement, and other businesses.
2. Value Capture Logic
- Fee Market: As a Gas fee and cross-chain bridging fuel, the demand for EVO grows linearly along with the expansion of the ecosystem.
- Scarcity Enhancement: The deflationary model (reduction in production + destruction) has made EVO a "value storage accessory asset" within the Bitcoin ecosystem.
6. Risks and Challenges
- Technical Implementation Risks: The evohash algorithm must undergo third-party security audits to prevent potential vulnerabilities.
- Community Consensus Risks: The pre-mining mechanism may trigger resistance from some Bitcoin fundamentalists, and greater transparency communication is necessary.
- Regulatory Adaptability: The privacy feature needs to incorporate geographic boundary technology (Geo-fencing) to meet the requirements of different jurisdictions.
7. Summary
Evoal (Evolutionary Algorithmic Ledger) is not merely an evolutionary advancement of Bitcoin but also an expansion of its ecological value. Through the evohash algorithm, the 60-second block generation mechanism, and the progressive reduction of production, Evoal, while preserving the core spirit of Bitcoin, has constructed a more performant, flexible, and inclusive underlying protocol. Its core mission is to serve as a bridge connecting Bitcoin's past and future, enabling the decentralized value network to truly empower global commerce.