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The

Mochimo 
Cryptocurrency Network

A complete reimplementation of Blockchain. Currency for the Post-Quantum era.
Quantum Resistant
Future-Proofed and Privacy Enabled

Quantum Computing is poised to break ECDSA encryption without warning, leaving BTC, ETH and all ERC-20 tokens unsafe for transactions and as a store of value. Mochimo uses WOTS+ Quantum Resistant Security approved by the EU funded PQCrypto research organization and a one time addressing feature to secure privacy when you want it.

Lightweight & Fast
Scalability Solved

Network scalability issues, solved for good. The Mochimo blockchain remains small while substantially increasing TX speed using ChainCrunch™, a proprietary algorithm. Using a compressed portion of the historical blockchain available on every node in the decentralized network, anyone can set up a full working node in minutes.

Decentralized & Fair
Stays Decentralized

The code-base is community-developed, and licensed under an MPL 2.0 derivative Open Source license. There is no centralized source of truth or trusted node. Mochimo is a truly decentralized project promoting fair usage and mining with a FPGA-tough, GPU targeted algorithm.

While the extensive history of updates and improvements to the Mochimo Cryptocurrency Engine is always accesible from Mochimo's Github Repository, we like to keep a separate list of much easier to read "milestones". Check them out »

In addition, here are some of the novel innovations that set Mochimo apart...
The Three-Way handshake is a network communication protocol requiring the collection of "acknowledgements" providing fast, simple and disposable security for secure requests to the decentralized network of nodes that make up the Mochimo Network.
With the size of many blockchains growing uncontrollably, and some already exceeding 1TB in size, scalability still remains a priority issue. Mochimo uses a proprietary compression algorithm called ChainCrunch™, which solves this issue without compromising on blockchain integrity.

At almost 4 years of age and more than 350k blocks in length, the core component used to verify the integrity of the Blockchain is a mere 50MB in size. A full node need only download an additional and tiny, compressed portion of the historical blockchain and begin contributing to the network immediately.
In the beginning, there was a single Haiku...

above day
a journey
walking

... and now there are hundreds of thousands of Haiku baked into each and every single block. Not only are they great to look at, it is a requirement of blockchain validity that the nonce used to solve a block originates from a syntactically correct Haiku.

With nearly 5 Trillion possible combinations of possible Haiku, Mochimo is a gold mine of poetry. Here's the latest...

Address size is one of the major hurdles with Quantum Resistant addresses. At 2208 bytes (or 4416 hexadecimal characters), it's more than a handful to remember. Fortunately, Mochimo deploys a custom tagging feature allowing the enormous addresses to (optionally) be "tagged" with a short and easily memorable tag of a mere 12 bytes (24 hexadecimal characters) in length.
What happens when a large portion power suddenly disappears from the network? With the remaining power left to solve tremendously high difficulties in order to clear transactions, how long should you wait? Days? WEEKS? MoNtHs? Not around these parts...

The Mochimo network detects long block times and agrees to lower the difficulty with a special kind of block. The "pseudo-block". With the power of friendship (and of course, a little "pseudo" blockchain magic), the Mochimo network restores normal clearing times to transactions within hours of a 90% mining power loss.
Dubbed "The Peach Algorithm", Mochimo uses a unique "FPGA-Tough" Proof of Work mining algorithm, that is specifically designed to shift the value of mining in favor of miners with Gaming GPUs.

The Peach algorithm a standard arrangement of hashing algorithms, memory transformations, and deterministic FLOPs as the first layer of "FPGA Tough"-ness. This layer is further supported by a minimum VRAM requirement that gives a considerable "mining advantage" to hardware (notably GPUs) with the ability to cache a large sparse matrix of pre-computed data unique to each block.

Ultimately, the few FPGAs with access to this "mining advantage" are likely to be eclipsed by Gaming GPUs in terms of value.
THE TICKER

MCM

Mochimo can currently be bought or sold on a number of notable exchanges. All exchanges that have listed Mochimo have done so on their own accord. Hit the "TRADE MOCHIMO" button to see the latest exchanges where MCM is located.

For a guide, see How to buy MCM in minutes

Github Contributors

kashmyrMochiMorePixel-PoppzmarzlykrypdkatBelgarion0rtismochimodevchrisdigity

Core Contributors

Mochimo's core contributors is comprised of industry leaders in the fields of computer networking, artificial intelligence, telecommunications, cryptography and software engineering. Though the majority of it's members wish to remain anonymous, you can see some of the core contributors. Meet The Team »

Interested in Contributing?

Core Contributors are selected based on recommendation, or via recognition of invaluable contributions to the project. If you wish to contribute to Mochimo, Pull Requests are always open. If you wish to discuss something specific, please reach out to the active community on Discord, or contact support with your inquiries.

What's the supply statistics?
Mochimo's supply is fairly simply split into 2 categories.
  1. Instamine Supply (4.7𝕄 MCM)
    The Instamine (not to be confused with a "premine") existed as a single ledger entry of Mochimo's Genesis Block. This instamine was split into it's predetermined allocations during the early days of the Blockchain.

    ωots: de77cd98749f9ed61662a09c...

    currently holds the largest remainder of the instamine, which is controlled by the Mochimo Foundation, and is LOCKED by contractual agreement until 25th June 2023.

  2. Mineable Supply ( )
    The Mineable supply can be described simply as Mochimo that is rewarded to a "miner" for solving a block on the Blockchain. The distribution of these rewards over the life of the Mochimo Blockchain is explained and illustrated in a fantastic Medium Article.
    In summary...
    • Reward (@ 0x01): 5 MCM
      • +56,000η MCM / block
    • Reward (@ 0x4321): 5.917 MCM
      • +150,000η MCM / block
    • Reward (@ 0x5B402): 59.524 MCM
      • -28,488η MCM / block
    • Reward (@ 0x200000): 0 MCM
      • mining distribution finalized
      • txfees sustain network
How is the Instamine used?
The majority of the Instamine was allocated to the original Mochimo Development Team. The team spent years creating a cryptocurrency platform that solves almost every major issue with Bitcoin to date. Therefore, this allocation serves as a fee (in MCM) for that work. The fee is equal to approximately 4.46% of the fully diluted Mochimo supply.

For the extended breakdown of Instamine distribution...

Mochimo Foundation (1.5𝕄 MCM): these funds are used at the discretion of the foundation for marketing costs, bounties, and ongoing support of the network. Disposition of these coins is listed on the Mochimo Wiki.

Matt Zweil (1.9𝕄 MCM): Mochimo's founder, architect, and only remaining Development Team member whose coins remain controlled by The Mochimo Foundation. These coins are LOCKED until 25th June 2023, exactly 5 years from the launch date of Mochimo.

Development Team (1.2𝕄 MCM): effective 25th June 2019, the original 2-year lock on the Developer Team coins has expired. The coins and their intended sale dates are no longer tracked or listed on the Mochimo Wiki, as they are now privately controlled and considered apart of the circulating supply.
When was the first block solved?
As per Blockchain data pulled directly from the network nodes, the first block was solved on Monday, June 25, 2018 3:43:45 PM, or 2018-06-18T15:43:45+00:00 (ISO timestamp).
Did Mochimo have an ICO or other pre-Mainet investment phase?
No. The decision to forego any sort of pre–launch investment in the coin was made to avoid the legal and regulatory issues that would have arisen. Furthermore, Mochimo is money...
Do I need the blockchain history to transact directly with the network?
No. Somewhat importantly, performing a transaction on the Mochimo Network DOES NOT require access to the blockchain. This allows Wallets, Exchanges, Third-Party Applications and Payment Providers to swiftly operate on the network without pre-requisite access to the blockchain.
How did you implement quantum resistance, anyhow?
We checked out the algorithms that were peer reviewed and acknowledged by the EU backed Quantum Research group PQCRYPTO and chose the WOTS+ algorithm. We then wrote and vetted our quantum code with the algorithm's originator: Andreas Hülsing. The penalty of adopting quantum signatures is their size, but we've already solved that problem with our ChainCrunch™ tech.
How long does it take to set up a Mochimo mining node?
Several minutes on high performance hardware, but it is known to take around 20 minutes on tiny 1vCPU server nodes.
Where do I store my MCM?
Mochimo can currently be stored in the cross-platform "Mojo" wallet, with Mobile / Web Wallets, and hardware wallet integrations in the works...
What exchanges are you on?
The list of exchanges that Mochimo is currently on can be found on the MCM Exchanges page. Regularly check back in Discord and the exchange page for updates.

Need more answers about Mochimo?

Come join the community Mochimo Official Discord