HashToken
HashToken was deployed on June 17, 2016, making it the first Ethereum token to implement a self-limiting proof-of-work model. This groundbreaking contract introduced the revolutionary concept of exponentially increasing mining difficulty, where each successful mint makes subsequent tokens 1% progressively harder to mine, creating natural scarcity through computational work. Also built and based on the StandardToken code, it implements an early ERC-20 interface, allowing it to retain compatibility with modern exchanges without needing an assisting wrapper. It stands as the oldest trustlessly distributed token on Ethereum to feature this early ERC-20 architecture.
Overview
HashToken was deployed on June 17, 2016, making it the first Ethereum token to implement a self-limiting proof-of-work model. This groundbreaking contract introduced the revolutionary concept of exponentially increasing mining difficulty, where each successful mint makes subsequent tokens 1% progressively harder to mine, creating natural scarcity through computational work. Also built and based on the StandardToken code, it implements an early ERC-20 interface, allowing it to retain compatibility with modern exchanges without needing an assisting wrapper. It stands as the oldest trustlessly distributed token on Ethereum to feature this early ERC-20 architecture.
- Sector
- # Layer 1 Blockchain
- Ecosystem
- Ethereum
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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