Save The Ocean STO

SAVE THE OCEAN (STO) Movement : Save The Ocean – Save The Future

By in Altcoin, X11 on September 9, 2016

Why Save The Ocean Coin?

If we would like to answer this question with one sentence it would be this :

Raise awareness of Ocean degradation

Here are few facts why our oceans and oceanic ecosystems are in danger

  • The oceans are over-fished. 90% of the ocean’s big fish are gone because of over-fishing, and the remaining 10% could be gone in as little as forty years.
  • Illegal fishing and destructive fishing practices, like bottom trawling
  • The world’s seafood consumption rate has been growing twice as fast as the population
  • There are tons and tons of plastic in the ocean. It breaks down into smaller pieces, but never goes away.
  • It’s estimated that 60-80% of all marine debris is plastic.
  • 64% of the ocean lies beyond the jurisdiction of any nation, and there are no fully protected reserves in these waters.

What are goals?

  • Main goal is to get “Crypto-Lands” people attention over the danger which surrounds us and our environment.
  • Many hundreds and thousand people are involved in Alternate Cryptocurrencies nowadays.
  • By creating a strong based movement and organization hopefully we can incite at least a few users to pay a little more attention on how we are living and how we are going to leave our planet for our successors.
Specifications

– PoW/PoS Hybrid
– X11 algorithm
– Total supply ~ 150.000.000
– BlockTime – 60 sec
– PoS starts at block 2880
– PoS reward – 10% yearly
– Min. StakeAge – 8 hours
– Max. StakeAge – 30 days
– Premine – 6.6%
– RPC Port – 4556
– Default Port – 4555
– PoW rewards with different phases
– Early mining  – 1 -> 2.880 – 500 STO
– Pool mining   – 2.880 -> 10.000 – 200 STO
– SuperBlocks#1 – 10.001 -> 12.880 – 250 STO
– MiningPhase#1 – 12.881 -> 43.200 – 200 STO
– SuperBlocks#2 – 43.201 -> 46.081 – 300 STO
– MiningPhase#2 – 46.082 -> 146.080 – 200 STO
– SuperBlocks#3 – 146.081 -> 148.960 – 400 STO
– MiningPhase#3 – 148.961 -> 248.960 – 200 STO
– SuperBlocks#4 – 248.961 -> 251.840 – 400 STO
– MiningPhase#4 – 251.841 -> 351.840 – 200 STO
– SuperBlocks#5 – 351.481 -> 354.720 – 400 STO
– MiningPhase#5 – 354.721 -> 500.000 – 200 STO
– MegaBlocks#1  – 500.001 -> 502.880 – 1000 STO
– MiningPhase#6 – 502.881 -> 1.000.000 – 100 STO
– SuperBlocks#6 – 1.000.001 -> 1.002.880 – 400 STO
– MiningPhase#7 – 1.002.881 – 100 STO

Roadmap

To raise public awareness of our movement and organization we would like to follow a consciously planed RoadMap, which will be continuously developed and complemented
with users ideas. We would like to give the opportunity to STO user-base to modify and influence the roadmap which will be followed by STO Movement.
After the release of STO, we would like to start to develop the whole environment for our project. Registrating a Non-Profit organization will form the base of STOMovement
which will be a strong base for the Movement.

Q3/2016
Q4/2016

Q1/2017
Timeline

– 08/31/16 – STO wallet released
– 08/31/16 – STO source released
– 08/31/16 – STO road-map announced
– 08/31/16 – STO Bitcointalk announcement
– 07/09/16 – STO added to Yobit

 

How to get STO?

Proof-of-Work  

The main source to get STO is PoW. We decided to choose X11 algorithm because, this algorithm gives amazingly fast hashes for both GPU’s and CPU’s and, being more complicated than a SHA256 ASIC implementation, the use of X11 will harden the use of ASIC miners in the short­ term to mid­term future. An added benefit of the algorithm is that GPUs require approximately 30% less wattage and run 30-50% cooler than they do with Scrypt.
To encourage miners and maintain the interest we decided to place SuperBlock phases in PoW structure with 400 STO reward. There will be 6 superblock Phases, which will long 2 days each (2880 blocks) Also there will be a MegaBlock phase of 2 days with 1000 STO reward.
Also there will be an early miner period of 2 days with 500 STO block reward.

Proof-of-Stake  

With a yearly reward of 10% STO, you can stake your STO only by keeping your wallet online. The minimum stake age is 8 hours, so you must keep your coins in your wallet for at least 8 hours to start staking. The maximum stake age is 30 days.

Free Distribution  

To stimulate the users to get involved in our project, we decided to launch a free distribution. The free distribution period will last for 1 week.
All you have to do is to send us a PM with your STO address.
To filter and prevent sock-puppet registrations you must fulfill a few requirements

  • You have at least Jr.Member rank
  • You have at least 50 posts on Bitcointalk
  • You have been active in the last few weeks

The rewards are based on bitcointalk ranks.

  • Jr.Member       –   250
  • Member          –   500
  • Full Member     –   750
  • Sr.Member       –   1000
  • Hero Member   –   1250
  • Legendary      –   1500

More Information

Forum

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