PowBlocks is an exclusive decentralized layer-1 proof-of-work blockchain meticulously designed to cater to the mining community. What sets PowBlocks apart from all other Ethash-based cryptocurrencies is its unique emission model, characterized by a built-in system of reducing the block rewards by 5% every month. Additionally, PowBlocks offers comprehensive support for smart contracts and compatibility with the Ethereum Virtual Machine (EVM), empowering developers to build decentralized applications (DApps) and automate various processes on the blockchain.
Fairness from the Start: No Premine on PowBlocks.
Effective Difficulty Adjustments to Prevent Instant Mining and Forks.
5% block reward reduction every 200,000 blocks.
PowBlocks enables the execution of smart contracts, allowing developers to build decentralized applications (DApps) and automate various processes on the blockchain.
PowBlocks aims to make its coin more valuable by reducing the number of coins given out as block rewards each month. This reduction is 5% every 200,000 blocks (approximately every month).
PowBlocks places a strong emphasis on community involvement and decision-making. Miners and users have a significant say in the coin's development, governance, and future direction, making it a truly community-driven digital asset.
PowBlocks stands out in the world of blockchain and cryptocurrency for several compelling reasons. In a landscape filled with numerous digital assets and blockchain platforms, it's important to understand why PowBlocks is a preferred choice for many users and investors.
PowBlocks places a premium on decentralization. The network relies on a distributed group of nodes to validate transactions and secure the blockchain. This commitment to decentralization reduces the risk of central control, making it more resilient and censorship-resistant.
PowBlocks' dedication to decentralization not only makes it more resilient but also enhances security and privacy. With a distributed network of nodes, the blockchain becomes less susceptible to single points of failure and malicious attacks. This architecture ensures that your transactions and data remain secure, and it significantly reduces the risk of censorship, providing you with a truly private and secure blockchain experience.
PowBlocks continually strives to introduce innovative features and improvements to its platform. This commitment to innovation ensures that the project remains competitive and adaptable in the rapidly evolving blockchain space.
At PowBlocks, community members are at the forefront. Our community-driven philosophy ensures that decisions regarding platform upgrades, governance, and development are made collectively, fostering transparency and inclusivity.
The PowBlocks mainnet kicks off with an initial miner reward of 9 coins per block, and this reward is reduced with each subsequent reduction event.
The PowBlocks block reward is reduced 5% approximately every 200,000 blocks, roughly equivalent to a one-month interval.
During the first 2,000,000 blocks, an additional 2 coins are emitted and allocated to the development treasury. After 2M block, this will be over.
Community Building, Mainnet Launch, Mining Pools, Block Explorer, Metamask RPC
CEX & DEX Listings, Cross-chain Support, CMC & CG Listing, Marketing & Partnership.
DeFi Protocols Development, security and product improvements, Next Roadmap Release.
"PowBlocks is not just a blockchain; it's a testament to innovation and community support. We're committed to building a secure, adaptable, and community-driven platform for the future of blockchain technology. Join us on this exciting journey towards a decentralized tomorrow."