CryptoAlphaMember
Posts: 30 · Reputation: 207
#1Nov 21, 2023, 10:38 PM
What's 1st Base?
We're all about breaking down technical walls with a full package: a miner, explorer, wallet, messenger, strategy game, and a marketing tool designed specifically for independent businesses.
Our goal is to empower everyday users. We handle the complicated coding, so users can showcase their identity.
1st Base offers a user-friendly Layer 1 solution that's just a click away, creating a cool experience where practical use meets easy access.
The Blockchain
We’ve got a 2-minute block time and need 10 blocks for confirmations. This is a proven system that can manage heavy transaction loads while keeping your data secure for peace of mind.
Our Proof of Work method has an interesting spin on mining, limiting each machine to 2 threads, so it can multitask without a hitch.
On top of that, we’ve made adjustments for fairness and have security measures that stop third-party apps from mining on our network. Our protocol isn’t friendly to commercial mining.
Governance
We're all about selective listening.
We're semi-centralized, which some crypto analysts and profit-driven investors see as a red flag. But honestly, these worries are kinda old news and don’t really fix the scams that happen in the industry anyway. The unwritten rules we've set have led to a stall in policy and developer progress.
On the application side, your opinions help mold the features. But on the base layer, we kinda tune out the political chatter.
The Coin
75% of the total supply was generated at the start, held by the founders, and it’s all about supporting growth and the developer’s vision.