Darma Cash Mainnet Launch
2020.6.9
Dear Darma Cash Community
Darma Cash project team is very excited to announce that Darma Cash mainnet is about to go live. As we said before, the mainnet will be an epoch-making update. We expect to complete the launch of the mainnet between 10th June and 15th June:
1. You need to exchange tokens between the old betanet and the new mainnet -> according to the ratio of 1:1, exchange your old mainnet DMCH tokens for the new mainnet DMCH tokens. The mining revenue of the old mainnet will be infinitely close to 0.
2. Support PoS function. Initially, PoW+PPoS will be used, and PoW will use ASIC-friendly algorithms. We will adopt 100% PPoS mode at the appropriate time in the later stage.
3. Support smart contract function.
4. The official website will be updated soon.
5. New project post will be released on BTT.
6. The code will gradually open source.
7. All community tools (twitter, discord, Telegram, etc.) remain unchanged.
8. The community will carry out marketing work including more exchanges listing.
9. 3% of the project pre-mine will be donated to the community as a fund for community operation (“How” is still under discussion). We will explain the above points in detail in further updates. Thanks for your support.
What is DARMA Cash?
DARMA Cash (DMCH) is a high-speed blockchain which aims to integrate state-of-the-art privacy technologies on the basis of Monero (XMR) to achieve truly private addresses, concealed financial data, masked identities, traceless IP, private Smart Contracts and DeFi based on Oracle and atomic swap technology.
DARMA Cash Project v2 is the next generation of DARMA Cash blockchain v1. Consensus algorithm is PoW+PPoS(We call the decentralized PoS without node restrictions Pool PoS, or PPoS) based on original cryptonight. DARMA Cash is industry leading blockchain to have bulletproofs, TLS encrypted Network. PPoS and smart contracts will be launched in this version.
Specifications:
Block size: 1.5MB
Consensus: PoW+PPoS
Premine: 3% (All is donated to community by project team)
Algorithm: CN (ASIC friendly)
Block time: 15seconds
Max emission: 460 million(DMCH)
Confirmation time: 180 seconds
Speed: 70 TPS
Official Links
Website：http://www.darmacash.com/
BTT：https://bitcointalk.org/index.php?topic=5193031.0
Community Links
Telegram：https://t.me/DarmaCash
Discord：https://discord.gg/MZTc5Hu
Twitter : https://twitter.com/CashDarma
