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ORO

Orobit

Algorithm:

What is Orobit?

ORObit is a digital cryptocurrency that operates on a community-based standard of value using peer-to-peer (P2P) networking as the means of conducting transactions. ORObits have a global value, so they can be used in any country, at any time. ORObit is also open-source; its architecture is public, nobody owns or controls ORObit and anybody can take part.

Release date: March 9th, 2014

Specifications

  • Algorithm: SHA-256
  • Block target: 180 seconds
  • Coins per block: 50
  • Halves every: 210,000
  • Difficulty retarget every: 2100
  • Total coins: 21 000 000
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