The green era has arrived and now we will be farming "green" petroleum!
With Petroleum fork, almost everyone's dream of owning their own petroleum rig will come true!
Farm Petroleum with staking!
With staking you will get a lot more coins from farming than without staking. On average you need 1 coin per 1TB of your farming space per staking.
Whitepaper
Name: Petroleum
English name: Petroleum
English abbreviation: Petroleum
Start Date: 03 April 2022
ICO: no
Preliminary Production: 5,000,000
Description: Fork from Chia
Block time: 18.75 seconds (like Chia)
Block reward: 1 XPT (Chia: 2 XCH)
Block allocation: 100% allocated to miners
Reward reduction in half: Halve in 3 years, up to a block reward of 0.0625 XPT from year 13 (like Chia).
Halving:
April 2022 to April 2025
Block reward 1 coins
April 2025 to April 2028
Block reward 0.5 coins
April 2028 to April 2031
Block reward 0.25 coins
April 2031 to April 2034
Block reward 0.125 coins
April 2034 to April 2037
Block reward 0.0625 coins
From April 2037
Block reward 0.0625 coins
Total supply: 21,000,000 coins (same as Chia)
You don't need to overplot (you can use OG and NFT chia plots)
Petroleum is a community volunteer fork using the Chia code. As a fully decentralized cryptocurrency with no reservation, no ICO and community autonomy, it can create a low energy, green and environmentally friendly blockchain system with Chia