Hardaeborla

Since 2009 with #bitcoin till date we’ve seen different kinds of amazing blockchain projects, some on L1s and L2s from Mining to scalable chains like $ETH and $AVAX and $POL . Now we get to witness the birth of #Memhash , which is an innovative mining-based #gaming platform that redefines the distribution of in-game tokens by leveraging principles of Proof-of-Work (PoW), inspired by Hashcash.

This system mirrors Bitcoin’s mining mechanism, where participants compete to solve computational challenges and earn rewards in the form of game tokens. By ensuring accessibility to all, Memhash creates a fair, equitable, and engaging earning environment.

How Does Memhash Work?
At its core, Memhash transforms computational power into game tokens similar to Satoshi games earning BTC before the introduction of ASIC miners (Application Specific Integrated Circuit). Participants, or miners, use their device's processing power to solve complex challenges, akin to captchas. Successful miners who solve the hash first are rewarded with tokens, making every participant an integral part of the ecosystem.

Key Features and Specifications
In-Game Distribution
○ Total Blocks: 1,000,000
○ Total Token Supply: 1,000,000,000 coins
○ Block Generation Interval: Approximately 5-6 seconds per block

Rewards Mechanism
Every true decentralized project delivers a scalable reward system based on contributions, and Memhash’s reward system promotes sustained participation while curbing early dominance:
1. Incremental Rewards: Delivering rewards per block starts at 500 tokens and increases incrementally over time.
2. Full Block Reward: this comes to play when a single participant mines the block, they receive 100% of the reward.
3. Shared Mining Rewards: If multiple participants contribute partial solutions (shares), 70% of the reward goes to the primary miner, while the remaining 30% is distributed proportionally among contributors based on their shares.

Halving Data — To ensure the strength of the project, Memhash started at 70% of the reward but decreases by 1% every 10K blocks until it reaches 10%. The rest, 30% amount is distributed between all pool miners.

Fair Distribution Through Energy and Shares
Here's another interesting aspect of Memhash project aimed to improve fairness and encourage broader participation, Memhash introduces an energy system. This limits excessive advantages gained by participants with higher computational power and fosters an equitable playing field.

Dynamic Difficulty Adjustment:
To maintain consistency in block generation, Memhash recalibrates mining difficulty every 10 blocks. As more miners join the network, the difficulty increases, ensuring a steady mining pace and reducing the risk of accelerated token distribution.

Mining Timeline:
Memhash’s mining process will persist until all 1,000,000 blocks are generated, with an estimated end date lasting to the 1st quarter of 2025. Upon completion, the entire token supply will be allocated to miners through the TON Blockchain (Jetton), ensuring seamless integration with blockchain ecosystems.

Why Memhash Stands Out?
As a pace setter, Memhash Stands Out amongst as many as 18-plus copy clones already out there trying to copy the steps of Memhash. But how can you identify the original project? Let’s look at this information.

1. Fair Access: Memhash’s energy and share system ensures that every participant has a chance to earn, regardless of their computational power. It started with some thousand Telegram Stars, but now it’s at 5 stars for entry fees and can also be gifted to friends.
2. Sustainability: Incremental rewards motivate continuous engagement, preventing early monopolization.
3. Transparency: Using blockchain technology ensures a secure, transparent, and decentralized token distribution process.
4. Community-Centric: With its unique share distribution model, Memhash fosters collaboration while maintaining competitiveness.

About Memhash Creator
Let’s meet the brilliant mind behind this amazing application. Hashoti Memokoto is a developer with innovative ideas similar to Satoshi Nakamoto, Hashoti launched a mini app on the 29th of October 2024 on Telegram without any VC or team at the time. He holds a record for building it in just two days during his free time, handling everything himself — from design to coding, both client-side and server-side.

Here’s the catch, there was no team or marketing budget, and the app’s simple yet brilliant concept helped it go viral. It has ranked among the Top 4 grossing mini apps on Telegram for days.
The team has now grown to 14 multi-disciplinary professionals
each with 5+ years of experience in related fields.

2025 Stats on Memhash:
▪︎ Blocks mined: 9865
▪︎ Miners earned: 11,475,475
▪︎ Tokens left: 466,359,344
▪︎ 100k
(Update as of the Hour of posting this
article)
☆ Monthly users & rapidly growing 1,500,000+
☆ Community members 420,000+
☆ Holders 230,000+
☆ Daily active users 200,000+
☆ Online 20-35K

Memhash represents a bold step forward in decentralized gaming and tokenomics. Combining the proven principles of PoW with innovative distribution mechanics, it offers players an engaging, equitable, and rewarding experience.
One of the many questions will be, can Memhash be the next Bitcoin? Will it list on #Binance Exchange? Will find out as the project advances.
For more details and updates, stay connected with Memhash’s official channels.
Reference:
Website
https://memhash.org
Mining Link
t.me/memhash_bot/start?startapp=1iW8bN