what's Mochimo?

Mochimo is a fully decentralized, quantum-resistant cryptocurrency launched in 2018 as an original Layer-1 blockchain built from scratch. It employs the WOTS+ (Winternitz One-Time Signature) scheme for wallet security, making it impervious to quantum computing attacks that could compromise elliptic curve cryptography used by most blockchains. Powered by a GPU-optimized Proof-of-Work consensus via the Peach algorithm, it ensures fair mining distribution without ASIC centralization, featuring fast block times, low transaction fees, and rapid network convergence. Key innovations include ChainCrunch™ compression technology, which keeps the core blockchain lightweight (around 50MB) even as it scales to handle thousands of transactions per second. Additional features like pseudo-blocks for difficulty adjustment during power fluctuations, a three-way handshake protocol for secure peer communication, and haiku-embedded blocks for enhanced validity checking contribute to its scalability and resilience. Mochimo prioritizes decentralization with no trusted nodes or central authority, supported by tools like a full node, GPU miner, and block explorer.

Google research paper lists Mochimo as a post-quantum blockchain project.