Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 04/07/2025, 00:44:50 UTC
NITO — SHA-256 Proof-of-Work Cryptocurrency
Fair Launch • Real-Time Difficulty • 1-Minute Blocks

Ticker: NITO

Proof of Work (PoW)

Decentralized by Design
Open to anyone with compatible mining hardware.

Security Through Competition
Miners compete fairly using computational power, not wealth.

Equitable Participation
Uniform rules and consistent reward mechanisms prevent centralization and support a truly open network.


SHA-256 Advantages

Proven Security
Time-tested algorithm first implemented by Bitcoin, trusted across major cryptocurrencies.

Widespread Hardware Support
Extensive availability of both new and second-hand ASIC miners ensures open participation.

High Attack Cost
The energy-intensive nature of SHA-256 makes large-scale attacks financially prohibitive, reinforcing network security.

BLOCK REWARD SCHEDULE

YearsReward (NITO)Annual OutputPeriod Total
1        512269 107 200269 107 200
2        256134 553 600134 553 600
3        12867 276 80067 276 800
4 – 10        6433 638 400235 468 800
11 – 20        3216 819 200168 192 000
21 – 50        84 204 800121 939 200
51 – 200        21 051 200157 680 000

POST-DISTRIBUTION PLAN

Once the 200-year emission ends, rewards drop to 0. 
A soft fork may be proposed to lock in a permanent 1 NITO block reward 
(~0.0455% annual inflation) to retain miner incentives. 
This would help offset coin loss and secure the network.

SPECIFICATIONS

Algorithm:   SHA-256
Block Time:   60 seconds
Block Weight:   0.8 MB
Retarget:   Real-time diff algo
Genesis Hash:   Nito/Core Genesis 8-4
Premine:   None
Total Supply:   1,154,217,600 NITO
Distribution Duration:   200 years
Smallest Unit:   Nitoshi (1 NITO = 100,000,000 Nitoshi)


DOWNLOADS, LINKS & EXTRAS

Official Websites 
https://nito.network/ 
https://github.com/NitoNetwork/

Wallets 
https://github.com/NitoNetwork/Nito-core/releases – Nito Core 
https://komodoplatform.com/en/wallet/ – Komodo Wallet 
https://minto.day/index.php?view=wallet#/homepage – Minto Web Wallet 
https://wallet-nito.nitopool.fr/ – NitoPool Web Wallet 

Vanity Address Generator 
https://vanito.org/

Block Explorers 
https://explorer.nito.network/ 
https://nitoexplorer.org/ 
https://nito-explorer.nitopool.fr/ 
https://minto.day/index.php?view=explorer

Mining Pools 
NitoPool.fr – SOLO & PROP 
Minto Day – SOLO 
Radioactive Pool – SOLO & PROP 
CMinors AU – PROP 
NitroPool – SOLO & PROP (operated by ANN author)


Coin Stats 
https://www.livecoinwatch.com/price/NitoCoin-_NITO 
https://miningpoolstats.stream/nitocoin

Centralized Exchanges 
⚠️ Always do your own research. Withdraw coins to your wallet after trading. 
https://rabid-rabbit.org/account/trade/NITO-USDT