Update Oct. 20th,
Dear Alefaa Blockchain users:
The explorer of Alefaa-Bitcoin is live, pls check the details from the following link:
Alefaa-Bitcoin Block Explorer - Alefaa-Bitcoin
We are developing the mining pool, when it’s ready, we will give new updates for it.
And we missed the information for the reward of PoS, the total reward in 2029 for PoS will be 1 million ABTC, it will be distributed to each ABTC address by its percentage of the ABTC amounts.
Introduction
Alefaa-Bitcoin is a form of digital online money using blockchain technology that can be easily transferred globally, instantly, and with near zero fees;
Alefaa-Bitcoin incorporates market leading securtiy & Privacy and is PoS (Proof of Stake) Cryptocurrency;
Alefaa-Bitcoin utilizes a Proof of Stake (PoS) consensus system algorithm, and plus a Proof of Work (PoW) consensus system algorithm, allowing all owners of Alefaa-Bitcoin to participate in earning block rewards while securing the network with full node wallets, as well as to run Masternodes to create and vote on proposals;
Alefaa-Bitcoin has a total pre-mined ABTC of 20,856,000, and kept 144,000 ABTC to be mined during Oct. 2022 and Oct. 2029;
In October 2029, when the mining phase is reached, then another 1 million of ABTC will be distributed by the percentage of the holding amount;
Although it’s not a share of any Alefaa companies, up to 50% of the business profits will be used to purchase the ABTC from the market.
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