New Project Recommendation, NOCKCHAIN is starting mining tomorrow, will $NOCK surge?
🔹Basic Information
$NOCK is a POW mining project with a total supply of 2^32 (approximately 4.29 billion) $NOCK, all mined through zero-knowledge proof of work (ZK-Proof of Work, zkPoW). Unlike BTC's POW mining, $NOCK's mining also generates ZKP for privacy computing, providing certain application value, whereas BTC's mining is purely computational verification with no additional value.
🔹Project Financing
$5 million, investors include Delphi Digital, CMCC Global, etc.
🔹Core Team:
CEO @arrighiPA
Co-founder @0xPAH
Both are publicly identifiable and have a certain level of recognition in the industry.
🔹Summary:
Nockchain's mining project upgrades traditional proof of work to a privacy-oriented, verifiable computing process through zkPoW and ZKVM. The advantage is that all coins are mined by miners, with no reserved or pre-mined coins. The project's disadvantage is that the currently announced mining requirements of 64G + 200G configuration are slightly high, and the $5 million financing is relatively low. However, tomorrow is the first day of mining; if conditions allow, it is still possible to participate.