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Implementing NFTs on the Dynamo blockchain

Implementing NFTs on the Dynamo blockchain

Introduction NFT’s (non fungible tokens) have recently gained popularity as an alternative asset class, particularly among the art world. What seems to be currently lacking is a coherent NFT technology platform which allows for on-chain storage of artwork files and a consolidated, simple interface for market participants to meet and exchange NFTs in a truly decentralized way. Most solutions involve storing files off-chain and most markets are centralized commercial entities. Finally, I was...

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Mainnet is LIVE

Mainnet is LIVE

Dynamo Coin Foundation is excited to announce the launch of mainnet. As of today, Dynamo can be mined using CPU or GPU and can be traded as a wrapped token on Pancake Swap. All tokens on Pancake are 100% backed, 1 for 1, by DYN tokens held in reserve by the Dynamo...

The need for energy efficient proof of work algorithms

The need for energy efficient proof of work algorithms

Background There is a recent (circa May 2021) focus on energy consumption metrics of various proof of work crypto coins due to celebrity tweets, pure misinformation, state actors with hidden agendas, and many people with purely good intentions for the environment....

Hybrid proof of work / proof of stake system

Hybrid proof of work / proof of stake system

The POW algo is 100% ASIC proof - it's a custom scripted language that changes every 90 days via a proprietary on chain distribution system - completely decentralized and non-deterministic. Development is done and a working reference miner and fullnode is available on...

Implementation of an ASIC proof POW algorithm

Implementation of an ASIC proof POW algorithm

Introduction In this article I will will detail the implementation of the Dynamo programmable proof of work system and its novel consensus based update mechanism. Progpow is not new and many projects have somewhat successfully used it to deter, but not eliminate, ASIC...