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mmx-node

MMX is a blockchain written from scratch using Chia's Proof Of Space and a SHA256 VDF similar to Solana.

It's main features are as follows:

• High performance (1000 transactions per second or more)
• Variable supply (block reward scales with netspace, but also is capped by TX fees)
• Consistent block times (every 10 seconds a block is created)
• Native token support (swaps are possible with standard transactions)
• Energy saving Proof of Space (same as Chia)
• Standard ECDSA signatures for seamless integration (same as Bitcoin)

MMX is desiged to be a blockchain that can actually be used as a currency.

For example the variable supply will stabilize the price, one of the key properties of any currency.

Furthermore, thanks to an efficient implementation and the avoidance of using a virtual machine, it will provide low transaction fees even at high throughput.

Tokens can either be traditionally issued by the owner, or they can be owner-less and created by staking another token over time, in a decentralized manner governed by the blockchain.

In the future it is planned that anybody can create their own token on MMX using a simple web interface.

In addition the first application for MMX will be a decentralized exchange where users can trade MMX and tokens.

The variable reward function is as follows:
reward = max(max(difficulty * const_factor, min_reward), TX fees).
Where min_reward and const_factor are fixed at launch.

A mainnet launch is planned in ~6 months or so. Currently we are running testnet3, so the coins farmed right now are not worth anything.

See #mmx-news and #mmx-general on discord: https://discord.gg/pQwkebKnPB