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What makes "OHM" different from other POS coins that's available in the market? Well, follow along to know the difference....
OHM is a decentralized currency that rewards act of kindness and sustainability. It is one of those coins that have picked pace quite recently and is actively being talked about. It was originally launched in May of 2017 and further development of the coin and it's platform are ongoing.
It's a currency with real value that believes in giving power to people to bring in a change in this world. The coin wants to compete with Dollar and everything it stands for.
OHM is associated with a digital community. It is being developed in cooperation with SVV. SVV, which stands for "Sodalitas Vulturis Volantis," and this requires the person participating to solve puzzles, including number games, and translate passages from ancient or fictional languages. Is that interesting? I mean I never heard anything like that before especially in Cryptoworld.
As of June 2017, SVV administration launched its LAMB initiative which is unique in it's kind. The way this works is that it rewards OHM coins to individuals for their act of kindness. Be it running an BGO, helping other who are in need, offering free service and so on and so forth.
This is a POS coin and this makes it different from BTC which works on POW concept. It uses Base58-encoded strings of 34 numbers and letters in it address. This currency is listed on exchanges like Cryptodao and CoinsMarkets.
POS variable interest for this coin is as follows-
- 1st year: 20%
- 2nd year: 15%
- 3rd year: 10%
- 4th and subsequent years: 5%
Reference Links -
Official Website - https://ohmwallet.com/
CoinMarketCap - https://coinmarketcap.com/currencies/ohm-wallet/
Leslie
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