# What is Axentro?

Axentro is an original proof of work blockchain platform that empowers developers to build decentralised apps quickly and cheaply. It features the following:

* CPU only mining using the award winning Argon2d hashing algorithm
* Decentralized apps platform
* Human readable addresses
* Smart assets
* Distributed two factor authentication
* Globally shared distributed mining rewards

## Whitepaper

You can read our [WhitePaper](https://axentro.io/axentro_whitepaper.pdf)

## Why is it named Axentro?

* Developed from the word 'accent' which means to 'heighten' or 'peak' Axentro is an blockchain that is aiming for the top in terms of simplicity, usability and relevant features.

## Specification

|                 Name | Axentro                   |
| -------------------: | ------------------------- |
|          Coin ticker | AXNT                      |
|            Coin name | AXNT                      |
|            Consensus | CDPoW                     |
|     Max Block reward | 12 AXNT (decreasing)      |
|         Miner reward | Prorated on contribution  |
|   Slow Block spacing | 120 seconds               |
|   Fast Block spacing | 2 seconds                 |
|   Block spacing algo | Dark Crystal Gravity Wave |
|       Developer fund | 10,000,000 AXNT           |
|       Total mineable | 20,000,000 AXNT           |
|   Total non-mineable | 15,000,000 AXNT           |
|         Total Supply | 45,000,000 AXNT           |
|             Maturity | 7 Blocks                  |
|      Minimum txn fee | 0.0001 AXNT               |
| PoW mining algorithm | Argon2id                  |
|                 Port | 80/443                    |