1.Project introduction
With brand new algorithms, MOCHIMO(MCM) is a cryptocurrency that has original and lightweight blocks (occupying a maximum of only a few GBs regardless of the total volume of blockchain in the future) and great extensibility (at 1,000TPS currently), is resistant to quantum attacks and capable of self-heals and offers the option of TOR anonymous transfer mode.
2.Project information（as of April 17, 2019）
English name：MCM；
Consensus：POW；
Algorithms：WOTS+、XMSS+、ChainCrunch™
Time taken to produce block: 337.5s；
Scale: 480,000 MCM in circulation and 76.53
million MCM in total；
Market value: USD 0.62 million；
Financing: No ICO, 6.34% for pre-mining (4.18% reserved by the development team and 2.16% managed by the fund)；
3.Rating: A+
Strengths:
- Bitcoin in the post-quantum computation era;
- Able to resist quantum computers;
- The unique ChainCrunch algorithm substantially increases transfer speed while maintaining a small block volume;
- The open-source codebase is developed by communities in concerted efforts, making the project materially decentralized;
- Using GPU mining with algorithms resisting ASIC mining, which creates a fair mining environment at a maximum extent.
Weaknesses:
- With a pre-mining of 6.34% (4.76 million MCMs), 4.18% (3.2 million MCMs) will be used by the development team as the expenses for the development work (The development team is allowed to sell a maximum of 5% of their holding each month. As a part of the team, each member agrees to disclose their sale intention and volume 30 days prior to the sale on the homepage of mochimo.org), while
- 16% (1.56 million MCMs) to be managed by the fund will be used for marketing, as rewards and sustained support for the Mochimo network.
4.Useful links
Official website: https://imagecoin.imagehosty.com/
Block chain browser:https://chainmapper.com/img
Github：https://github.com/mochimodev/mochimo
Discord：https://discordapp.com/invite/Dbp6FUn
Midium：https://medium.com/mochimo-crypto
Reddit：https://www.reddit.com/r/mochimo