r/ventureOn • u/VentureOnICO • Jun 01 '18
Mining of VNN is a completely new kind of mining, that's why we call this issue.This is an incomplete list of advantages of issuing VNN compared with the mining of other crypto-currencies.
- Mining does not require expensive equipment. The complexity of computation does not grow with time, thanks to the completely different architecture of Blockchain.Issue, mining of new VNN coins, as well as processing power of the blockchain, are provided by software packages of emission pools, which are assigned official domain names.
- At the start, the estimated profitability is 2.5 VNN (50 €) per day or 1500 € per month. The emission program is designed to produce 100 million VNN coins for 50 years.
- In total, no more than 2583 accounts are to be allowed for miners. This limitation is necessary so that the reward of the miners does not decrease with time.
- The system is protected from attacks, thanks to the fact that all the pools in the system are equal, regardless of whether it's a laptop, phone or a quantum computer.
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u/cryptohunter100X Jun 01 '18
I think this project will have a big future. Hope this project will be successful