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— p2p payments
— decentralized exchange
— public payments
— intellectual property registration
The innovative blending of several hashing algorithms provides strong encryption, thus complete safety of protocol.
— Proof of Work (PoW)
— NeoScrypt hashing algorithm
— 90 sec block time
— 33 coins reward per block
— Subsidy halving every 400k blocks
— ~4 billion coins total
— 6 confirmations per transaction
— Genesis 2nd of January 2014
— NeoScrypt – The newest Scrypt hashing algorithm uses blended Salsa 20/20 and Chacha 20/20, Blake2s for hashing and FastKDF. Read the Whitepaper
— Time Warp Manipulability – Reduced to the point where its effect is negligible
— Automatic Checkpointing – This vital feature for any coin prevents transaction roll back from 51% attacks
— eHRC – enhanced Hashrate Calculation – Difficulty adjustment algorithm
Fast Fast block times ensures almost instant transactions, regardless of location.
Affordable Transaction fees are low reducing the cost of using crypto for to businesses and users.
Safe The innovative blending of several hashing algorithms provides strong encryption, thus complete safety of protocol.
Everyone's ASIC-resistant design enables anyone with a desktop-grade GPU to mine UFO and be part of the network.