Embark on a journey through the innovative landscape of cryptocurrency with Stohn Coin. Developed as a peer-to-peer digital currency, Stohn Coin leverages a community-driven, decentralized blockchain to ensure secure transactions without pre-mined coins or central authority interference. The native coin, SOH, operates on a Script-based mining algorithm using the proof-of-work model, making it a truly decentralized option for crypto enthusiasts and miners alike. With a meticulously crafted infrastructure that includes mining pools, blockchain explorers, and Command Line Interface tools, Stohn Coin is designed to maintain network stability while rewarding its community contributors. Let's delve deeper into this groundbreaking coin and its potential to reshape the crypto mining landscape.
What is Stohn Coin?
Stohn Coin (SOH) is a peer-to-peer digital currency that leverages a decentralized, community-driven blockchain. Operating with a Script-based mining algorithm, it embraces the traditional proof-of-work (PoW) model to secure its network, ensuring full decentralization without pre-mined coins or distribution. The SOH coin is mined with the aid of the LWMA3 mining difficulty algorithm, which is designed to adjust the mining difficulty to maintain consistent block times and network stability.
Key Features of Stohn Coin
1. Rewards for Mining: Miners are rewarded with SOH for securing the blockchain and validating new blocks. This incentivizes users to contribute to the network's integrity and decentralization.
2. Transaction Fees: When transferring SOH between users, transaction fees are incurred. These fees are used to maintain the network and reward miners.
3. Community-Driven: Stohn Coin's infrastructure is built around an open-source mining community, where miners can contribute to network security and block verification.
4. Blockchain Explorer: A blockchain explorer is available to track transactions and analyze the overall health of the network.
5. Mining Pools: Mining pools allow for collaboration among miners, increasing their chances of earning mining rewards.
6. Command Line Interface (CLI) Tools: CLI tools are available for miners to interact with the Stohn network and manage their mining operations.
How Many Stohn Coins Are There in Circulation?
Stohn Coin has been entirely mined by the community with a current circulating supply of 15,000,000+ SOH, and it is designed with a maximum supply cap of 40,000,000 SOH. Miners receive a reward of 100 SOH for each new block, which is generated approximately every 5 minutes. To promote a sustainable and enduring economy for the coin, the mining reward is programmed to halve every 200,000 blocks, effectively tapering the influx of new SOH over time.
Where Can I Mine Stohn Coin (SOH)?
SOH can be mined on various platforms that support the Script mining algorithm. Miners are encouraged to join the network and contribute to its security and decentralization. For those interested in mining Stohn Coin, research on compatible mining pools or solo mining setups would be necessary.
As the mining and trading landscape for cryptocurrencies is always evolving, prospective miners and traders should conduct their own research to find the most up-to-date information on where and how to mine Stohn Coin.
Stohn Coin Market Data
Understanding the market data for Stohn Coin is crucial for both miners and investors. Here are some key statistics:
- Current Price: $0.0186
- Market Cap: $0.00
- 24h Price Change: 16.14%
- 7d Price Change: 27.65%
- 30d Price Change: 55.44%
- 24h High: $0.0373
- 24h Low: $0.0101
- All-Time High: $0.1200 (2023-12-06T13:41:00.000Z)
- All-Time Low: $0.0021 (2024-02-02T08:32:00.000Z)
- Circulating Supply: 0.00
- Total Supply: 14,946,414.00
The Future of Stohn Coin
Stohn Coin is poised to make a significant impact in the world of cryptocurrency. Its decentralized nature, combined with a robust infrastructure and community-driven approach, makes it a promising option for both miners and investors. As the network continues to grow and evolve, Stohn Coin has the potential to become a major player in the crypto mining landscape.
Why Choose Stohn Coin?
1. Decentralization: Stohn Coin operates on a fully decentralized network, ensuring that no single entity has control over the blockchain.
2. Community-Driven: The open-source nature of Stohn Coin allows for community involvement in the development and security of the network.
3. Stability: The LWMA3 mining difficulty algorithm ensures consistent block times and network stability.
4. Rewards: Miners are incentivized with SOH rewards for securing the network and validating transactions.
5. Transparency: The blockchain explorer provides transparency, allowing users to track transactions and analyze the network's health.
6. Accessibility: With CLI tools and mining pools, Stohn Coin is accessible to both novice and experienced miners.
Conclusion
Stohn Coin represents a new era in the world of cryptocurrency. Its decentralized, community-driven approach, combined with a robust infrastructure and rewarding mining system, makes it a compelling option for those looking to get involved in the crypto space. Whether you're a miner, investor, or simply a crypto enthusiast, Stohn Coin offers a unique opportunity to be part of a growing and innovative network.
As the cryptocurrency landscape continues to evolve, Stohn Coin is well-positioned to adapt and thrive. By staying true to its principles of decentralization and community involvement, Stohn Coin has the potential to reshape the future of crypto mining and transactions.
Join the Stohn Coin community today and be part of the revolution. Explore the possibilities, contribute to the network, and reap the rewards of this groundbreaking digital currency.
