it looks like Petro can't be mineable...
You're right I forgot that it can't be mined...
it seems that Petro won't be mineable, at least not by the public.
if you want to know more, learn how DASH works, but without the option of being mineable by the public.
its supposedly backed by oil in reserves
the new Petro v2.0 is not only backed by oil.
according to the latest white paper is backed by oil, gold, iron and diamond assets.