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ojacoin/README.md

OJA

What is OJA?

OJA Coin is a high-speed, and cost-friendly blockchain. It's explicitly built to speed up transactions with almost zero transaction fee. We use a power efficient algorithm hash, NIST5 which is a winning algorithm of the US National Institute.

So the OJA blockchain is not only fast and cost-friendly but also environmentally friendly. These elements are very important for society nowadays. And it also becomes our focus in building OJA infrastructure and platform.

Technical Specifications

TickerOJX
AlgorithmNIST5
ConsensusProof-of-Work
Maximum Supply720,000,000
Block Time60 Seconds
Block Size10 MB
Transactions Per Second~800
RetargetEvery Block
Block halvingApprox. every 6 months
Lightning NetworkYes
Atomic SwapYes (Barterdex)
FoundationYes

Compiler requirements

OS: Ubuntu 16.04 or Ubuntu 18.04

Work in progress

SegWit

Our Mission

Leverage Blockchain technology and provide users with fast and secure transactions. We believe Blockchain is the future for many purposes such as data storage, payments and operations. Integration of Blockchain for our daily use leads to higher efficiency in applications.

Fast, Today

Time is one of the key elements in our lives. Especially when it comes to financial transactions, lack of existing money transaction speed, companies or individual users are facing delays. This leads to a slowdown in activities. OJA offers a solution to cover such bad processes. Time is money, money is OJA.

Safe & Anonymous

Security is another very important point on which today's world stands. By using OJA you can make secure payments be done, which gives confidence to the community.

Security

Security is another very important point on which today's world stands. OJA chose to use NIST5 as its hashing algorithm because it has been proven to be more secure and power-efficient than other leading algorithms.

NIST5 is an exhaustive set of guidelines for how organizations can prevent, detect, and respond to cyberattacks.

It is officially known as the Framework for Improving Critical Infrastructure Cybersecurity, it was developed by the federal government to serve as a standard for private sector companies.

NIST5 was originally aimed at industries essential to economic and national security such as banking, defense, commerce, and communications.

However, a wide variety of organizations in all industries have since adopted it, including in cryptocurrency, like in OJA Coin for example.

There are 5 elements of the NIST5, Identity Protect Detect Respond Recover

There are a total of 108 security controls that provide specific security action items. Each subcategory also provides resources referencing elements of other frameworks such as ISO 27001, COBIT, ISA 62443, NIST SP 800-53 and Payment Card Industry Data Security Standard (PCI DSS)

Decentralized, Distributed

Applications are the future need for higher efficiency and cost reduction. OJA Coin is your solution for decentralized Payments.

Power Efficiency

OJA coin uses the NIST5 hash, which is chosen as the winning algorithm by the US Nation of Science competition as power efficient hash algorithm. It is not only more secure but also environtment friendly.

Why NIST5?

OJA Coin chose to use NIST5 as its hashing algorithm because it has been proven to be more secure and power-efficient than other leading algorithms. NIST5 is a combination of the finalists and winner of the US National Institute of Standards and Technology Hash Function Competition (specifically BLAKE, Grøstl, JH, Keccak/SHA-3, and Skein).

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