1. purchasing power stability

    purchasing power stability

    fairest distribution

    optional privacy

    infinite separability

    no central control

    Unlike the decreasing distribution of many POW currencies, the block reward follows the Fibonacci principle of increase and decrease to make it fairer for those participating in the subsequent production of the pilgrimage.

    Additionally, Hajj uses x16RS as a new block mining algorithm to prevent anyone from having a first mover advantage and ensure the most equitable currency distribution in the POW mechanism.

    hacash produces a block every 5 minutes, that is, 288 blocks per day. The first block was produced on February 4, 2019, which means that Hajj distribution has begun.

    Hajj distribution can be divided into 3 stages:

    In the first stage, the number of blocks is adjusted approximately 0.95 years every 100,000 blocks and the reward gradually increases; The block reward is 1 Hajj in 2020, 2 Hajjs in 2021, 3 Hajjs in 2022, 5 Hajjs in 2023 and 8 Hajjs in 2024.

    in the second stage, the number of blocks is adjusted approximately every 1 million blocks every 9.5 years and the reward gradually decreases; Entering the second phase, eight pilgrimages will last ten years in 2025, five pilgrimages will begin in 2035, three pilgrimages will begin in 2045, two pilgrimages will begin in 2055, one pilgrimage will begin in 2065 and one pilgrimage will last ten years in 2075.

    In the third stage, the reward remains constant at 1 hac per block.

    In the total of 66 years before moving to the third stage, the block reward is 22 million.

    long term sustainability

    Open to everyone

    The purpose of the Hajj is the large-scale settlement payment currency of the daily economy, and the stability of purchasing power is an important design aspect. Click below to learn more about Hajj's purchasing power stabilization mechanism:

    Why is pilgrimage valuable?

    Like BTC, intrinsic value is generated through POW

    Creating the hajd requires bidding through the hajd, and after a successful bid, 90% of the hajd will be destroyed.

    hac is used for transaction fee of hacash tier 1

    Hajj can be used as an investment like any cryptocurrency.