šŸ‘‹Welcome to Noso

NOSO: Our Blockchain

What is Noso?

Noso, our community-driven, eco-friendly, open-source blockchain, proudly stands apart as a first-level innovation. Distinct from forks, tokens, or replicas of existing codebases, Noso is our creation for the community. At its core, our platform employs a decentralized network of Masternodes (MN) to execute vital functions such as establishing consensus, processing transactions, and generating new blocks. This strategic utilization not only ensures the network's integrity but also upholds a distributed and decentralized digital ledger, signaling a departure from conventional blockchain architectures.

The significance of Noso's Masternodes extends to the holistic sustainability of the entire blockchain ecosystem. Operating as hosts and custodians, Masternodes enable essential features like governance through voting rights and the implementation of advanced functionalities such as Public Safe Offers (PSOs). The seamless integration of PSOs further facilitates shared Nodes, NoBiex, and other intricate components, augmenting the platform's adaptability and functionality. Masternode holders are duly rewarded for both securing the network and actively fostering these supplementary services within the dynamic framework of the blockchain.

Specs:

  • Name: Noso

  • Ticker: NOSO

  • GENESYS block: March 7th, 2021

  • Consensus:Proof of Stake (PoS) and Masternodes (MN)

  • 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 90% , Project development funds 10% (beginning at block 88406).

  • Transaction speed: up to 1900 transactions per second

  • Transaction cost: 0.01% (min. 0.01 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 , 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.

Last updated