Pokio Mining Algorithm Documentation

Overview

This cryptocurrency introduces a novel mining approach that differs from conventional proof-of-work algorithms. Instead of adjusting network-wide difficulty based on total hash rate, each miner selects the number of POKIO they wish to mine, and the difficulty is assigned accordingly. This ensures a dynamic block generation system that remains stable regardless of sudden hash rate fluctuations.

How Mining Works

  • Each miner specifies the number of POKIO they want to mine.
  • The system assigns a difficulty based on the selected amount.
  • Miners calculate whether they have enough mining power to generate a block every two hours on average.
  • If more miners or higher hash rates join, more blocks are generated instead of increasing difficulty excessively.
  • When miners or hash rate decrease, the block generation time remains stable.

Example Scenarios

Traditional Blockchain

  1. Normal hash rate: 1 MH/s → 1 block every 2 minutes.
  2. A sudden increase: +10 MH/s, total = 11 MH/s → Difficulty rises to 11 MH/s, blocks generated every 12 seconds initially.
  3. If 10 MH/s leaves suddenly, hash rate returns to 1 MH/s, but difficulty remains high → Block time slows down to 25 minutes until difficulty adjusts.
  4. Even with fast adjustments (e.g., every 32 blocks), the chain remains slow for 16+ hours.

Proposed System

  1. Normal state: 1 MH/s, 60 miners → 1 block every 2 minutes.
  2. A new miner with 10 MH/s joins → 11 MH/s, 61 miners → 1 block every 2 minutes, but twice the POKIO generation rate.
  3. 60 new miners add 10 MH/s → 11 MH/s, 120 miners → 1 block every minute, doubling POKIO output.
  4. If those 60 miners leave, the network returns to 1 MH/s, 60 miners → 1 block every 2 minutes, unchanged from before.

Benefits

  • Resistant to Hash Rate Attacks: Large, sudden hash rate increases do not disrupt mining efficiency.
  • Fair Rewards: Miners can choose an optimal POKIO amount to mine without being penalized by unpredictable difficulty spikes.
  • Stable Block Times: Unlike traditional networks, difficulty does not over-adjust, preventing extended slow mining periods.
  • Scalability: The system dynamically adjusts to the number of miners and hash power available, maintaining a predictable block rate.

This new mining model ensures a more stable and fair Pokio ecosystem, adapting seamlessly to network fluctuations.