RTM

1. Project introduction

Raptoreum is a secure and ASIC/FPGA resistant Proof Of Work Cryptocurrency that will also allow for asset creation, futures, and smart contracts, while remaining resistant to 51%/double spend attacks.

Raptoreum created an algorithm code named GhostRider. This algorithm was designed to keep ASICS and FPGAs off of the network by making entry cost prohibitive and risky. This allows anybody to mine Raptoreum with their CPU and earn a reasonable amount of RTM coins. Raptoreum will also be mineable with GPU when a miner has been released. Initial testing shows that GPU will not have an advantage over CPU. The fact that anyone anywhere can contribute to the network and earn should increase the projects decentralization, unlike networks where ASIC are present or GPU have such a large advantage that CPUs become obsolete.

Private send is a Raptoreum feature inherited from DASH, it allows you to obscure the source of sent RTM. To do this it uses mixing which takes place on the Smartnode network and uses inputs from at least two other users that have enabled mixing in their wallets.

2. Application and distribution

Total supply: 21 billion

Token application:

RTM is used for network fees and staking rewards.

Token distribution:

In order to make the emission of the coins smooth and unique, the block reward decreases slowly every full moon. After those first 24 years (or 6,314,814 blocks), 20,223,989,880 RTM will be in circulation (96.3% of total suply), a number very close to the 20,674,189,687 Ravencoin RVN after the same 24 years (98.44%), but those will have been issued in a much smoother way.