{"id":3959,"date":"2022-03-05T19:58:58","date_gmt":"2022-03-05T19:58:58","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ormeuscoin-whitepaper\/"},"modified":"2022-03-05T19:58:58","modified_gmt":"2022-03-05T19:58:58","slug":"ormeuscoin-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ormeuscoin-whitepaper\/","title":{"rendered":"OrmeusCoin Whitepaper"},"content":{"rendered":"<div id=\"post-729\">\n<div class=\"entry-content\" readability=\"44.55565529623\">\n<p>Ormeus Global announces the release of Ormeus Coin (asset symbol \u2018ORME\u2019). The real-world value of this new token is secured and cryptographically linked to a publicly verifiable reserve of Bitcoin, the \u2018gold standard\u2019 of cryptocurrency. The bitcoin reserve known as the Ormeus Reserve Vault (hereafter \u201cORV\u201d) is a multisignature Bitcoin wallet funded by the ongoing industrial bitcoin mining operations of Ormeus Global.<\/p>\n<p>These operations have an initial baseline hashing power of 30 PH\/s. This hashrate will be continuously upgraded by allocating proceeds derived from the sale of ORME tokens. Unlike other static or semi-static bitcoin-backed cryptocurrencies (which are historically highly speculative in nature and backed by token sales alone) Ormeus Coin will be backed both by token sales and a geographically diverse industrial cryptocurrency mining operation.<\/p>\n<p>This predefined mechanism to facilitate the continual accumulation of hashing power will result in the ORV having a constantly increasing reserve store of bitcoin which eectively distinguishes ORME as a stable store-of-value.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/Ormeus-Coin.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Ormeus Coin<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ormeus Global announces the release of Ormeus Coin (asset symbol \u2018ORME\u2019). The real-world value of this new token is secured and cryptographically linked to a publicly verifiable reserve of Bitcoin, the \u2018gold standard\u2019 of cryptocurrency. The bitcoin reserve known as the Ormeus Reserve Vault (hereafter \u201cORV\u201d) is a multisignature Bitcoin wallet funded by the ongoing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3959","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=3959"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3959\/revisions"}],"predecessor-version":[{"id":3960,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3959\/revisions\/3960"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=3959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=3959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=3959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}