2022-12-02

The Silicoin mainnet has been successfully launched. This is a fair and innovative mining network that balances PoW and PoS. Everyone can earn SIT tokens through contributions. Given Silicoin's decentralization and community, most of the total amount of SIT will be generated by continuous mining activities and distributed to community participants who maintain the system's operation.

In the Silicoin network, about 32 blocks are produced every 10 minutes, and each block has 1 SIT token. Approximately 1,681,920 SITs are made in a year, and the output is halved every three years. Therefore, low output, extremely high value, and application nodes and staking mechanism will help SIT achieve a more excellent market logic value.

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