Hi Niknik,

The basic premise of our coin and transaction network, aside from the fact that we've added a number of innovations to blockchain and distributed ledgers in general, is that it addresses the threat posed by quantum computers to the existing cryptocurrency ecosystem.

To summarize that threat, with protocols like Bitcoin, the user address/private key pair is actually just a public/private key generated by ECDSA, a cryptographic signature algorithm that is secured by the computational intractability of factoring extremely large polynomials in order to find their prime roots.  That sort of math problem would take a conventional super computer something like the lifetime of the universe to sort out.

However, it is exactly the sort of mathematical problem that quantum computers are designed to solve easily, and so they will eventually (in a few years or less) be able to crack ECDSA.  As a consequence everyone's public/private keypairs will be wide open, and protocols like Bitcoin will be broken / worthless.

Some forward-looking people have been working in the area of "Post-Quantum Cryptography", notably the working group PQCRYPTO, funded by a commission of the European Union.  They have identified several post-quantum algorithms that operate under difference principles from things like DSA/ECDSA, and so will not be any easier to crack once we have quantum super computers around blowing everything up.

If it from the recommendations of that working group, that the Mochimo Dev Team has selected its quantum-proof algorithms.  We have designed our currency around that.  When Bitcoin and its many cousins have fallen to the quantum computer revolution: Mochimo will be doing just fine.