Ombre mining pools
Coin symbol: OMB
Total supply: 1.000.000.000 (1 Billion) coins to be mined in the first 20 years.
Hash algorithm: CryptoNight Heavy (Proof-Of-Work)
Block Time: 60 seconds - for faster transactions
No premine - Just development funding
Ombre's block reward changes every 6-months as the following "Camel" distribution which is inspired by real-world mining production like of crude oil, coal etc. that is often slow at first, accelerated in the next few years before declined and depleted. However, the emission path of Ombre is generally not far apart from what of Bitcoin. This type of emission was first introduced by the great folks of Sumokoin.
OMBRE (shade in French) is a cryptonote currency and an indirect fork of the well-known Monero currency. Inherited from Monero are strong security, privacy and untraceability features that form a solid basis for further development.
Our mission is to enhance the cryptonote protocol to provide a lightweight, secure, well maintained and [b/actively developed[/b] (no-nonsense) coin.
Some main differences compared to other cryptonote coins are:
- We use a 60 second block window which reduce transaction times
- We enforce a minimum transaction mixin of 10 to fight blockchain analysis which could compromise privacy
- We actively cooperate with other cryptonote coins and do not treat them as competition.
As a cryptonote coin we inherited the fungibility of the protocol. Features like RingCT make you transaction anonymous and untraceable. Among other technologies, we use Ring Confidential Transactions (RingCT) that allows you to send OMB (OMBRE) without fearing that someone can trace your transaction.
We do not have a premine. Instead we have a project development reward that causes coins to unlock with every block that is found. The algorithm (see below) will start with unlocking 6% of the block reward but gradually reduces to 0% in the next 10 years. In total a maximum of 2% of the total coin supply will be unlocked for development.
f(x) = 0.06 * (1 - sqrt(x)) where x = current_supply / max_supply S.T. current_supply <= max_supply
The development fee will be used to pay for development, exchanges and marketing.