BUY / EXCHANGE instantly
Max Supply Algorithm Proof Type Start Date Twitter Website
250000 2013-10-18 Array Unobtanium
DifficultyAdj. BlockRR. BlockNo. Network H/s Current Supply Block Reward
2152637 100952806725003000 208954.08151896 0
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Unobtanium (UNO), launched in 2013, set itself apart by abstaining from pre-mining, thereby guaranteeing a fair distribution from the outset. The mining protocol initially offered a reduced reward for the first 1000 blocks, providing miners sufficient time to prepare their equipment. This approach, combined with an advance announcement on the Bitcointalk forum, enhanced the credibility and fairness of the launch. UNO exclusively relies on mining for generating new coins, avoiding Proof of Stake (POS) inflation.

In terms of mining rewards, UNO began with a reward of 0.001 UNO for the first 2000 blocks, which subsequently increased to 1 UNO per block. This reward halves every 100,000 blocks, with an anticipated minimum subsidy of 0.01 UNO after 15 halvings. This distribution plan estimates that approximately 190,000 UNO will be mined during the initial six halvings, with the remaining 60,000 UNO earmarked for sustained mining support.

The mining process for UNO utilises the SHA-256 algorithm, mirroring Bitcoin's approach. Notably, UNO has introduced merge-mining with Bitcoin, a move that could potentially increase mining profitability. This enables miners to mine both Bitcoin and UNO concurrently, using the same mining resources.

The UNO team comprises the enigmatic founder Blazr2, community volunteer Falling Knife, treasurer Mo Unobtanium, and web developer Learminer. Their joint efforts play a crucial role in the continuous support and development of the UNO ecosystem.

The official Unobtanium ticker is “UNO” and trades under that name on all the exchanges where it has been listed. The designation “UNOB” is for CryptoCompare.com only.



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