SUPERMOON follows, in Real Time, the four primary phases of the moon’s monthly cycle to variably switch the APR% return to set the block reward for each approximate seven-day phase.
SUPERMOON links the real world to digital crypto currency, in a way that is unique. With the moon visible worldwide to all residents regardless of location, we all see the same Moon, with the same Moon phase, just be-it seen from different locations across the surface of our Earth.
SUPERMOON was conceptually authored by David Chapman to spark the idea and new concepts for crypto currencies, by using the Proof-of-Stake system principles to make it possible to link the Real World to an untypical digital crypto-currency environment.
Under this unique hybrid reward design and original approach using Proof-of-Stake mechanics to facilitate the crypto currency coins functions, although the coin still requires an initial Proof-of-Work phase which mainly provides a basis to produce the initial minting of a number of coins, which is essential for the start for the creation of coin process, but the Proof-of-work phase becomes non-essential and is disabled after the start of the Proof-of-Stake engine phase can keep the transaction block creation engines working full time.
Security level of the network is therefore not dependent on large energy consumption and computing effort once the Proof-Of-Work has provided the initial minimum required base coinstake to guarantee that the Proof-of-Stake can maintain the mining reward mechanics being driven continually thus providing an energy efficient and more cost-competitive peer-to-peer crypto-currency.
The project is named: SUPERMOONcoinTM (SUPMTM) Coin.SUPERMOON tracks the four primary phases of the moon’s monthly cycle and awards bonuses against Stellar events which all variably switch the APR% return to set the block reward for each approximate seven-day phase in the case of phases of the moon, and timed to the second occurring Stellar events, all in Real Time.
In principle, when wallet’s SUPERMOON balance is unlocked to participate in the Proof-of-Stake network, when you personally look at the moon and see the current phase, this acts as a continual reminder of exactly what APR% reward your coin stake has a chance to reward.
Also, outside of the regular phased of the moon reward cycle, a bonus reward system is used for stellar events to add further interest and stimulation to the constant set reward principles. Stellar events are also calculated by SUPERMOON against well-known, regular or one-off Stellar events have also been timed and calculated to be tracked: Meteor shower peaks, Planetary transits, annual periodic key events such the Equinox and Solstices all have variable rewards, with the highest rewards are gained via Solar & Lunar Eclipses, Blue Moons and of course the rare SUPERMOON and New SUPERMOON, again all occurring and tracked in real time.
At the time of publishing, times for the four phases of the moon, and key stellar events occurrences and their timed thresholds versus the APR% reward is calculated into the SUPERMOON’s Proof-of-Stake engine up to January, 2020 (published via the
SUPERMOON Calendar webpage).
The Phases of the moon are approximately seven-day long cycles across a lunar month: New Moon, Half Moon, Full Moon and then back to half Moon. Each Moon phase is tracked by SUPERMOON over a lunar 'week’ and is timed to follow and award a variable block reward rate of APR% return. Each moon phase is calculated starting from the beginning of the first minute of the occurring phase.
The variable % block reward return is based on chance of a wallet stake wining the reward from participation in the network’s Proof-of-Stake; Each reward is calculated from actual staked amount versus the phase of the moons assigned APR% reward based on real time calculations. The Proof-of-Stake real time calculation is itself derived and based on the last minted timestamp function obtained from the maximum height of the blockchain.
So, with block-time spacing set at about one minute, and the actual blocktime reward averaging at approximately 50 seconds, the comparison in Stellar terms responds in real time:
- Stellar Events source: NASA.gov
- All timed events are calculated against published time calendar, and the common time used is based on Universal Time Calculation (UTC).
- All SUPERMOON events are all published via the SUPERMOON Website .
SUPERMOON’s Proof-of-Stake mechanics are based on a variation of coin age calculations for an ever increasing weight elevating the chance of the winner for each proof of stake block reward, but rewards are based on actual SUPM amounts staked to the network versus variable APR% (annual percent return percentage), rewards calculated based on block time against phases of the moon and stellar events providing bonuses % (which stack on occurrence), again all calculated based in REAL TIME principles.
The APR % rewards and multiplied via the actual amount of SUPM staked, but without a return reward accounted for via the coin age history (CoinAge).
The removal of coinage history from the bonus reward forces participation in the global network by all wallets competing for Proof-of-Stake rewards. For the Variable Proof Of Stake APR% rewards and the dates see the
SUPERMOON Calendar Or read the
Whitepaper Coin Specifications - Coin Name=SUPERMOON
- Coin abbreviation = SUPM
- Algorithm: SCRYPT
- Coin Security Type = Proof of Work (hybrid v3.5) / PoW
- Block Time: 1 minute (about 50 seconds timed average in 24 hours)
- Address letter = s
- Block Size: 1MB (may increase in the future)
- RPC port = 16999
- P2P port = 16998
- Proof-of-Stake Coin Maturity (PoS eligible after)=1190 blocks
- Proof-of-Stake Mined Confirmation=10 blocks
- Send / Transfer Confirmation=16 blocks
- Total Coin Supply: 500,000,000 SUPM
- Coin ICO: No
- Founders / Dev Stake = 50,000,000 SUPM
- Masternodes: No
- PoW Block reward = Last PoW block height was 6500 (PoW was purely for Coin Mechanics to ensure no stall of stake engine)
- PoS Block Reward = Variable APR% reward based on the four main Phases of the Moon which cycle from 100% (New Moon), 200% (Half Moons) to 500% (Full Moon), with bonus Stellar events awarding extra APR%, all of which calculate in Real Time (see the Whitepaper for details).
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