Ninjastic
Search content
Sort by
Showing 6 of 6 results by Nito Community
Post was edited
 5 days ago (view)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 05/08/2025, 03:14:26 UTC
⏳ ONE MONTH UNTIL NITO'S FIRST BLOCK REWARD HALVING! ⏳

The NITO network is approaching a major milestone — its first block halving, set to occur in just one month.

Quote
🔶 Current Block Reward: 512 NITO 
🔻 Post-Halving Reward: 256 NITO

✅ Year 1 Total Distribution: 269,107,200 NITO 
💎 Year 2 Minting Cap: 134,553,600 NITO

This event marks a significant reduction in new supply — NITO will become twice as scarce per block, reinforcing the project’s deflationary design.

Whether you're mining, building, or just following the project, this halving is a defining point in the long-term economic model of the NITO network.

Stay tuned. Stay synced. Halving soon.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 28/07/2025, 02:27:12 UTC
📢 Whitepaper Update – Now Mobile-Friendly!

We’re excited to share that the NITO Whitepaper is now fully mobile-compatible,
making it easier than ever to read and share from your phone — whether you're on Android or iOS.

📄 View it here: 
https://nitonetwork.github.io/Nito-Whitepaper/

🙏 Big thanks to community member No-F8 for making the whitepaper more accessible to all users!

just one more example of how community contributions are helping push NITO forward 🚀
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 25/07/2025, 11:48:55 UTC
🚀 NITO Web Wallet Now Supports Bech32M (Taproot)

One of our talented community members, Biigbang0001, has added Bech32M / Taproot (BIP-350) support to the NITO Web Wallet!

🌐 Try it now → wallet-nito.nitopool.fr

✅ New Features: 
  • Modern address format support (Bech32M / Taproot)
  • HD wallet import (Mnemonic / xprv / WIF / Hex)
  • Encrypted on-chain messaging support
  • One-time public key publishing for secure messaging
  • Fully tested and synced with live NITO nodes
 

🔓 Open-source code: 
https://github.com/biigbang0001/wallet-nito

This is another great example of how NITO is entirely community-built and continues to grow thanks to contributors like @Biigbang0001.

Give it a try and let us know what you think! 
Together we’re modernizing the NITO ecosystem — one block at a time. 🧱

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 19/07/2025, 22:55:12 UTC
🚀 NITO Whitepaper Released

We’re excited to share that the NITO whitepaper — created by the community, for the community — is now available!

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Nito Network (NITO) Project - SHA256 PoW
by
Nito Community
on 08/07/2025, 07:46:09 UTC
Welcome! Be sure to join the Discord and say hi 👋
https://discord.com/invite/wBcfKE8nPy
Post was edited
 1 month ago (view)
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