Quote from: jollycomet on June 12, 2018, 03:50:44 PM

Update # 1

Over the last month the Mochimo Development team has made significant progress!

We have now a dedicated and growing community that is participating in our Open Beta Mining that was launched over Memorial day Weekend.

The Development team is continuing to look for new miners to join the community and has multiple open bounties.

Please join us on our slack channel for additional information!

Update # 2

Due to recent changes in regulatory environment the Mochimo Development team will be canceling the originally planned Bitcoin parity payment and will be restructuring the block rewards. Please see details below!

Overview:

Coin Name: Mochimo
Ticker Symbol: MCM
Launch Date: June 30th, 2018
Short Description: Quantum-Proof Cryptocurrency
Maximum Supply: 72,057,594 MCM (2^56 / 10^9)
Network TX Fee: .00050000 MCM (fixed)
Starting reward: 5.0 MCM / Block
Per Block Increment (through Block 373760, 4 Years): .000199637 MCM
Max Reward (Block 373760): 79.616325120 MCM
Per Block Decrement (through Block 1586265, Year 22): .000061539 MCM
Final Reward (Block 1586265): 4.999979925 MCM
Total Mining Duration: ~22 years

Social Media / Websites:

Slack Channel Invite: https://join.slack.com/t/mochimo/shared_invite/enQtMzczNDYxNTc4ODY4LTFhNzI1NTdhM2JmMTU2NGI0ZjIzYWM5NjE5MGFkNTIwM2RkNjc5MmNmNmJhNzFkNGFlYTg2MzU2YjE3ZTdhOTI
Website: http://www.mochimo.org
Slack Channel Invite: https://mochimo.slack.com/
Twitter: @mochimocrypto
Reddit: https://www.reddit.com/r/mochimo/
GitHub: https://github.com/mochimodev/mochimo

Premine Details:

Bitcoin Parity Payment: Mochimo originally planned to conduct a BTC Airdrop with a 1 to 1 match, however this Airdrop was canceled due to the new regulatory environment.
Total Pre Mined coins: 4,757,066 MCM
Dev Team Compensation Premine: 4.44% (3.2M MCM)
Future Development Escrowed Premine: 2.11% (1.55K MCM)

Mining:

Mineable Coins: 67,300,528 (93.39%)
Mining Algorithm: Trigg's Algorithm - PoW (Mochimo Custom CPU-Only, ASIC Resistant)
Difficulty Adjustment: Every Block
Block Time: 337.5 Seconds
Genesis Block: June 30th, 2018

White Paper Release Date:
Thursday, May 3rd, 2018

Quantum-Proof DSA:
WOTS+ Huelsing & Rijneveld's Variant, link below:
https://datatracker.ietf.org/doc/draft-irtf-cfrg-xmss-hash-based-signatures/

ICO Details:
No ICO

Summary:
Mochimo is a blockchain-based 3rd generation cryptocurrency that has been designed from the ground up to be a quantum-proof transaction network. The implementation solves a number of existing problems with crypto, most notably the susceptibility of the ECDSA algorithm to quantum-computing based attacks.

Everything about this project seems brilliant honestly, you have stated that you will have top of the line tech and i am very excited for the launch. I have just one question, what is it exactly with the regulatory environment that caused you to cancel the idea of the airdrop to BTC holders? I am very curious about how any sort of regulations can interfere with something like this. I am eager to learn.

Thanks