Introduction
OMBRE (shade in French) is a cryptonote currency and an indirect for of the well-known Monero currency. Inherited from Monero are strong security, privacy and untraceability features that form a solid basis for further development.
Our mission is to enhance the cryptonote protocol to provide a lightweight, secure, well maintained and [b/actively developed[/b] (no-nonsense) coin.
Some main differences compared to other cryptonote coins are:
- We use a 60 second block window which reduce transaction times
- We enforce a minimum transaction mixin of 10 to fight blockchain analysis which could compromise privacy
- We actively cooperate with other cryptonote coins and do not treat them as competition.
As a cryptonote coin we inherited the fungibility of the protocol. Features like RingCT make you transaction anonymous and untraceable.
Among other technologies, we use Ring Confidential Transactions (RingCT) that allows you to send OMB (OMBRE) without fearing that someone can trace your transaction.
Supply & Emission
- Total supply: 1.000.000.000 (1 Bilion) coins to be mined in the first 20 years.
- Coin symbol: OMB
- Hash algorithm: CryptoNight (Proof-Of-Work)
- Block Time: 60 seconds - for faster transactions
- No premine - Just development funding
Funding
We do not have a premine. Instead we have a project development reward that causes coins to unlock with every block that is found. The algorithm (see below) will start with unlocking 6% of the block reward but gradually reduces to 0% in the next 10 years. In total a maximum of 2% of the total coin supply will be unlocked for development.
Code:
f(x) = 0.06 * (1 - sqrt(x)) where x = current_supply / max_supply S.T. current_supply <= max_supply
The development fee will be used to pay for development, exchanges and marketing.
Resources
Official sites
- https://www.ombre.io - Official site
- https://explorer.ombre.io Block explorer
- https://github.com/ombre-projects/ombre Github repo
Mining Pools
- https://pool.ombre.io - Official pool (Europe)
- http://ombre.infinity-pools.cf Infinity Pools (Europe)
You can start your own pool, just fork the pool`s source code from source code - Github