● Consensus Mechanisms

In our project, we have chosen to implement the proof-of-work consensus mechanism as the foundation of our blockchain network. This mechanism requires miners to solve a specific code in order to add a new block to the chain. Our aim is to establish our own mine network to support this consensus mechanism.

The code that BTC miners need to crack in order to add a block is currently a hash that is 256 bits long. However, we intend to optimize and streamline this process by reducing the code length. By doing so, we can significantly accelerate the block validation process, enabling faster block additions to the blockchain. Our aim is significantly to enhance the transaction processing capacity, resulting in a substantial increase in transactions per second.

It is important to note that this optimization may increase the network's vulnerability to potential hacking attempts, such as double transactions or network forks.

To address these security concerns, we will implement robust security measures to ensure the highest level of network protection. By employing stringent security protocols, we aim to safeguard the integrity and authenticity of transactions and prevent any malicious activities on the network.

The maximum supply of tokens within our ecosystem will be set at 100,000,000. Additionally, similar to Bitcoin, we will incorporate a halving mechanism for the rewards given to miners. This means that every four years, the mining rewards will be reduced, further enhancing scarcity and incentivizing network participation.

To effectively manage substantial price fluctuations, we have devised a visionary strategy known as the 100-year-long burn protocol. Upon the coin's release, we will introduce our own swap mechanism, accompanied by a nominal fee akin to other platforms. This fee will be utilized to gradually acquire 1% of the token's total supply every two years, securely storing it in a separate wallet and burn it permanently. Through this meticulous process, we seek to positively influence the price, fostering stability and confidence within our ecosystem.

Upon the coin's release, we are committed to providing a comprehensive and distinct white paper dedicated solely to its unique attributes and functionalities.