The Oxford dictionary defines kindness as “The quality of being friendly, generous, and considerate”
With that definition in mind one can only conclude that giving away One Million Coins would be an act of kindness.
Meaning that the development team behind the creation of Ohm coin live by their motto; Ohm Coin is all about making the world a better place one act of kindness at a time; and a single act of kindness will be rewarded with one coin.
So what computes as an act of kindness?
All things designed to strengthen, exercises or nourishes the Mind, Body or Spirit. Kindness is a reward in and of itself and one can be kind to themselves and one can be kind to others.
Ohm coin has been devised to explore the concept of incentivized action in relation to Blockchain technology; your positive deed will be the transaction which constructs the block.
The significance of your involvement in Ohm coins Acts of Kindness campaign extends beyond the reward you will earn from Ohm Coin. Your action, acceptance, and partnership add a component never before introduced to back a currency.
The team behind the innovation and creation of Ohm Coin are also currently working towards implementing a Donation platform on the Blockchain in which members of the community will have the authority to vote on worthy causes by such organisations as GoFundMe or GiveALittle, were funds will be most constructive.
OHM is a fast, secure, and energy efficient digital currency; with a 30 second block time.
The team behind Ohm are currently working towards implementing Atomic Swaps; which will allow the exchange of one Cryptocurrency for another; without the requirement for a trusted third party such an external Cryptocurrency exchange.
This system uses a hash time-locked computer protocol intended to digitally facilitate, verify and enforce the performance and negotiation of a contract. These are known as Smart Contracts which allow the performance of credible transactions that are track able and irreversible.
The party must deliver the currency to be swapped within a specified time, or else the transaction will be cancelled.
OHM are fully transferable across the internet on the peer-to-peer network from one user to another in under 2 minutes at almost zero cost.
Ohm coin offers wallet staking from as minimal as one to infinite coins, However coin maturity stakes at 150 blocks.
Ohm coin also have Karmanodes (there version of a MasterNode) with 3000 ohm coin required for this.
There is One ohm coin created per block with 100% of Ohm produced going to the staking rewards. The amount of rewards Per Block is 2 Rewards; 1 for Karmanodes and 1 for wallet Staking with a rewards algorithm See-Saw based targeting system.
The Development team are currently working towards implementing SegWit intended to mitigate a Blockchain size limitation problem that reduces transaction speed.
It does this by splitting the transaction into two segments, removing the unlocking signature ("witness" data) from the original portion and appending it as a separate structure at the end. The original section would continue to hold the sender and receiver data, and the new "witness" structure would contain scripts and signatures.
The original data segment would be counted normally, but the "witness" segment would, in effect, be counted as a quarter of its real size.
