Post
Topic
Board Announcements (Altcoins)
🔥[ANN]ChomaCoin. launch soon. Pow+Pos. Mineable
by
Orkhidion
on 11/05/2020, 10:37:04 UTC
Description:
Chomacoin is a decentralized digital network based on an open-source, peer-to-peer internet protocol.
Chomacoin operates based on hybrid PoW and PoW block generation methods with separated target limits.

[ANN] - Wallet


Specifications

Coin name: Chomacoin
Coin ticker: CHOMC
Transaction confirmation method: PoS+PoW
Transaction fee: 0.001
Number of transaction confirmation: 6
Number of block confirmation: 520
Premine: destroyed

PoS target spacing: 10 minutes
Max PoS reward: 10 coins
PoS interest halves: every x8 multiply of PoS difficulty
Min stake age: 30 days
Max stake age: 90 days

PoW algo type: Scrypt
PoW target spacing: 30 minutes
Max PoW reward: 100 coins
PoW subsidy halves: every x8 multiply of PoW difficulty

P2P port: 7777 (17777 for testnet)
JSON-RPC port: 8344 (18344 for testnet)

Chomacoin was the first PPC fork, but not a clone!
new versions ale coded standalone, not from new ver. of PPC.
 
Major changes:

1. Scrypt chashing!
2. initial reward of 100 not 10000
3. slower reward drop
PPCoin cuts a half from reward for every 16x diff adjustment.
Chomacoin cuts a half from reward for every 64x diff adjustment.
4. POW difficulty adjusted for scrypt
5. POS difficulty adjusted for 100 times less coins.
6. ROI for POS changed to 0.05 coin per 1 coinyear