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Unobtanium
$6.9135
0.16%
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About Unobtanium
Launched in 2013, Unobtanium (UNO) stands out as a cryptocurrency for its equitable initial distribution, achieved by avoiding pre-mining. It operates on the SHA-256 algorithm, akin to Bitcoin, and has incorporated merge-mining with Bitcoin to potentially boost mining profitability. The mining rewards system started with a lower reward for the initial 2000 blocks, allowing miners time for setup. The reward then increased to 1 UNO per block, with halvings every 100,000 blocks, outlining a long-term distribution plan. The UNO team, including the anonymous founder Blazr2, along with Falling Knife, Mo Unobtanium, and Learminer, plays a vital role in the ecosystem's ongoing development and support. UNO is focused on being a lasting store of value and eschews Proof of Stake (POS) inflation.