Hardware Specialization Resistance
We want to make MoX the most resistant to specialized hardware mining (FPGA/ASICs) in the CryptoNote ecosystem.
Monero made a huge step toward ASIC resistance, but we believe it won't suffice for smallerShow more [+] oins to have a real protection against FPGA. We're convinced people will start mining (or already started) with those.
Since the ASICs went off the networks, they became worth investing into.
We'll protect from that by adding an extra layer of FPGA hard cryptography into the Proof of Work.
Human Friendly Addresses
From a User eXperience point of view, addresses are not very easy to read / remember. We want to bring a new type of addresses which would consist of mnemonics.
We believe this would drastically increase the overall user experience to not have to deal with unintelligible strings of numbers/letters
Quantum Resistance
There's a future where quantum computers could completely destroy cryptocurrencies if nothing is previously done. Proof of Work in it's current state is trivially broken by quantum computing. The good thing is, we already know how to prevent this. Our goal is to implement these solutions into CryptoNote to provide an alternative for this future.
10%
- 4% goes to marketing - bounties
- 6% locked in a wallet only to be used for development costs and exchange listing. Any fund movement will be subject to an announcement