Noso is a dynamic and sustainable Peer-to-Peer crypto currency and platform, accessible to consumers and merchants, is fast, reliable, and secure with minimal transaction costs. The Noso platform has been designed from the ground up by a team with more than a decade of experience in Blockchain technologies.
Noso has a strong focus on sustainability, scalability, and transparency. It is an open source project that aims to deliver an equitable and sustainable infrastructure for financial and social applications on a global scale.
Noso uses a democratic governance system (GVT) built into Mainnet which will allow the project to evolve over time and promote contributor participation. The project will fund itself in a sustainable way through the use of project funds derived from the creation of each block.
PoPW algorithm: Nosohash
GENESYS block: March 7th, 2021
Total Supply: 21 million coins
Initial Block Reward: 50 Noso
Current Block Reward: Starting with 50 Noso and halving every 210,000 blocks (~4 years) up to 10 times (~40 years). Block reward is split between Masternodes 40% (increasing 1% every 4000 blocks, up to 60%), Project development funds 10% (beginning at block 88406), and remaining percentage to PoPW)
Transaction speed: up to 1900 transactions per second
Transaction cost: 0.01% (min. 0,00000010 Noso)
Block time: 600 seconds
Premine: 0.049% (10303.9073 Noso) used as development fund.
Who are the Founders of Noso?
Noso, a project created by an anonymous team with extensive experience in cryptography and blockchain development, was launched in March 7th, 2021 by a full-time developer. Despite the team's anonymity, their experience, combined with the complex nature of the project and its milestones (such as the creation of a new consensus mechanism in Pascal, a secure programming language), suggest that Noso was developed by experts with extensive hands-on experience in the field of cryptography.
What makes Noso Unique?
Noso, a revolutionary new cryptocurrency, was born from a vision to provide the world with a state-of-the-art digital currency experience. With a focus on reliability, scalability, privacy, security, and usability, Noso was developed from the ground up to cater to the needs of millions of users. Adopting the philosophy of "build it and they will come", the Noso development team prioritized the creation of functional technology before embarking on a marketing campaign.
Noso's uniqueness lies in its ability to address the limitations and shortcomings of its predecessors, setting it apart from other digital currencies. Building upon the similarities it shares with Bitcoin, such as its own chain and Genesis block, Noso goes above and beyond by dividing the newly minted coins into three categories and implementing innovative solutions to enhance scalability and speed. Unlike other cryptocurrencies that experience sluggish network performance as their blockchain ledger expands, Noso's separation of the Merkel tree and address balances from the blockchain leads to lightning-fast transaction speeds, reaching up to 1900 transactions per second. The Noso protocol also allows for the creation of blocks solely for the purpose of consulting transaction history, making the blockchain independent and freeing up resources for future upgrades and updates. These inspired design elements not only elevate performance but also provide ample room for continued innovation and advancement within the Noso protocol.