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README.md

OHMCoin Core integration/staging repository

GitHub version

Ohmcoin is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using coin mixing technology, we call it Coin Mixing.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
  • Decentralized blockchain voting providing for consensus based advancement of the current Karmanode technology used to secure the network and provide the above features, each Karmanode is secured with collateral of 3000 OHMC

More information at ohmcoin.org

Coin Specs

Ticker SymbolOHMC
AlgorithmQuark
TypePoW - PoS Hybrid*
Block Time30 Seconds
Difficulty RetargetingEvery Block
Premine/Initial Supply30Mil OHMC*
OHMC Created Per block1 OHMC*

*First 1000 Blocks PoW. 1001 - Infinite Blocks PoS only.

**30Mil OHMC initial coins Premined to Swap over prior OHMC Block Chain.

PoS/PoW Block Details

Proof Of Work Phase1-1000 Blocks.
Proof of Stake Phase1001-100 Million

Reward Methods

KarmanodesYes - 3000 OHMC Required
Wallet StakingYes - 1 to infinite OHMC

Staking Reward Details

OHMC Produced1 OHMC Per Block
Amount Designated for Rewards100% of OHMC produced goes to Staking Rewards
Rewards AlgorithmSeeSaw Based Targeting System
Amount of Rewards Per Block2 Rewards, 1 for Karmanodes, 1 for Wallet Staking
Coin Maturity to Stake150 Blocks

Rewards Breakdown

PhaseBlock HeightRewards Created Per BlockRewards Created Per Day
Phase 11000-9043201 OHMC2880 OHMC
Phase 2904321-1336320.5 OHMC1440 OHMC
Phase 31336321-1941121.25 OHMC720 OHMC
Phase 41941122-23731220.125 OHMC360 OHMC
Phase 52373123-29779230.0625 OHMC180 OHMC
Phase 62977924-40291240.03125 OHMC90 OHMC
Phase 74029125-5615990.015625 OHMC45 OHMC
Phase 86131525-82339260.0078125 OHMC22.5 OHMC
Phase 98233927-103363270.00390625 OHMC11.25 OHMC
Phase X10336328-Infinite0.001953125 OHMC5.625 OHMC
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