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About Thoreum
Thoreum (THR) is a revolutionary cryptocurrency designed to excel within the Proof-of-Work (PoW) industry, addressing the challenges of centralization and manipulation that plague many blockchain platforms. It stands as a symbol of true decentralization, built on the principles of security, transparency, and fairness. The platform aims to create an ecosystem that fosters freedom for both miners and investors, embracing innovations that facilitate a new era of decentralized finance.
As an independent Layer 1 blockchain, Thoreum is fully compatible with the Ethereum Virtual Machine (EVM), enabling developers to seamlessly deploy smart contracts and decentralized applications (dApps) using the tools commonly associated with Ethereum. The tokenomics of Thoreum revolves around a limited supply of 100 million THR, promoting scarcity and fair distribution through a transparent mining process. The platform ensures a high level of security against attacks, particularly through its robust 51% attack resistance model, which incorporates the Ethash algorithm alongside a custom-modified Geth client for enhanced consensus accuracy.
Thoreum not only serves as a cryptocurrency but also provides real utility within its ecosystem. THR acts as the native gas currency for all transactions, functioning as a reliable store of value and a base trading pair for other tokens. Additionally, the platform is introducing stablecoin side layers to facilitate practical real-world transactions without the volatility traditionally associated with cryptocurrencies. By concentrating on user experience and throughput, Thoreum endeavors to simplify crypto utilization, making it accessible for broader adoption while anchoring its security and value to the main blockchain.
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