Oblivion Coin

Links:

Block explorer: http://35.226.209.23:3002/
Pool: https://obv.minecoin.club/

Coin Highlights:

Wallet&Miner:

https://github.com/oblivioncoincore/oblivion/releases/download/oblMiner%26Wallet/oblMiner.Wallet.zip

Ticker: OBV
Launch date: 3pm UTC - 11/June/2020 UTC
Consensus: PoW/PoS first ~2 months, thereafter PoS only
PoW total emission: 100m OBV
PoW blocks: 41,440
PoS staking reward: 5.0% per year
Block time: 2 minutes
Algorithm: curve25519 (custom)
Difficulty retargeting: every block
Txfee: 0.001 OBV per kB
Min Txfee: 0.0001 OBV
Min stake age: 8 hours
Max stake age: No max
Block maturity: 100 blocks
Eligibility: 100 coins

Port (mainnet): coming soon
RPC Port (mainnet): coming soon

About:

Oblivion is an experimental project that aims to be community driven and utilize blockchain technology. The Oblivion blockchain is an open-source, hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) blockchain fueled by the native Oblivion (OBV) cryptocurrency. The public launch of Oblivion blockchain will occur at 3pm UTC on 11/June/2020.

Being mineable and permissionless, with a high level of decentralisation, fair distribution and censorship-resistance is ensured from the very start. In addition, the Oblivion blockchain has not raised any external funds (premine, ICO, STO, VC) whatsoever.

To prevent “ninja mining” the blockchain will start with 1440 blocks with rewards of 0.01 OBV per block, after which the next PoW 40,000 blocks will have 2500 OBV rewards per block. For the first 2 months, Oblivion will have a hybrid PoS/PoW emission. There will be 41,440 POW blocks mined during approximately 2 months, after which only PoS-based emission remains. In other words, after 2 months, all 100m OBV coins allocated for mining will be distributed and in circulation. Once there is no more emissions from mining, a 5% annual staking reward will remain.

Oblivion’s initial distribution is via a PoW phase and thereafter switch to the more eco friendly PoS consensus first pioneered by SunnyKing in Peercoin, which is gaining popularity as we are seeing larger projects such as Ethereum switch to it.

Ettore139

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