Arionum is a new cryptocurrency built from scratch in PHP, which is CPU oriented and made to be democractically spread amongst the users. It aims to replace the traditional electronic payment options with a faster, cheaper and better secured system.
CPU orientedArionum uses a combination of argon2i and sha512 hashing algoritms which make it resistant against GPU mining
4 min Block TimeOn average, each block is generated every 4 minutes and the recommended block confirmation number is 5.
No PremineThe coin has been announced and released on bitcointalk without any previous mining.
PHP CodedArionum was built from scratch in PHP, a programming language with a huge developer base.
RewardThe mining reward starts at 1000 ARO and decreases every 1 month by 10 ARO.
Open SourceAll the code has been publicly released as open source under the MIT license since the beginning.
Arionum has been developed to be spread democratically during the entire initial mining period, as each block's reward is getting reduced just by 10 ARO per month.
Arionum has been completely written from scratch so that it has no dependency on other cryptocurrencies and does not share any of their vulnerabilities. It was written in PHP, a highly popular programming languages which allows a huge number of developers to understand and improve it.
We have designed Arionum to be one of the cheapest electronic payment methods. The transaction fees are fixed at 0.25% with a minimum of 0.0000001 making it the cheapest form of sending and receiving funds online.
Arionum has been publicly launched on January, 08, 2018 at 04:17 GMT. The announcement has been done on the bitcointalk.com forums and the mining has been started after the announcement, with the exception of the first 3 blocks which are used for the genesis.