Kick v Ether | Table O Contents

The Kick coin is an ERC-20 crypto currency …

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ERC-20 Standard

Hint. Place the intro paragraph ie.) the ‘hypothesis’ here …

(1) KICK = 0.0005 ETH, or 5 ten-thousandth’s of an ether, commonly known as a “unknown”.


More to come …

Kick Economy

Do you wish to become a member of the KICK economy?

Authorized Coin

There are approx. 448 million KICK coins authorized at inception.

Consensus Mechanism

A Consensus Mechanism ensures the accuracy and order of the chain of data blocks within a blockchain.

Proof O Work

The Proof O Work consensus mechanism relies upon the timely discover of a target hash by an independent miner.

Target Hash

How to invoke a Target Hash in Python.

Open up a Terminal window in High Sierra.

From the Terminal prompt …

First, engage the python interpreter by typing the command ‘python’, as follows:


Second, import the Python ‘hash library’

import hashlib

Thirdly, print to the screen the target hash of the following text statement using the SHA256 algorithm.

print hashlib.sha256("The Satoshi is a very small fraction of one Bitcoin. In fact, the very smallest fraction transmissible!").hexdigest()

Returns the Target Hash


Finally, type ‘Command-Q’ to exit the interpreter and close the Terminal window.

Match Hash

So, you wanna mine Bitcoin (BTC), heh?

Using a SHA256 algorithm, find the matching hash.

At the rate of 150 quadrillion hash calculations per second, how many Peta Hash (PH) per second of computing power are required to discover the next block in the Bitcoin (BTC) blockchain at a difficulty rating of less than ‘000000000000004’ assuming a time window of 10 minutes?

Answer: Approximately 100 (PH)

Independent Validation

“Shared rules ensure perfect blocks!” ~ Satoshi Saki

CSA Consensus

The Reward

Assuming you have hopped through the above flaming hoop unscathed, what shall be your reward?

Answer: 50 BTC?, 25 BTC?, 12.50 BTC? 06.25 BTC?

Every (4) years the award gets cut in half.

Not to mention the difficulty factor increases to keep up with technological hardware and software advances in order to hold the expected time window for finding the target hash at a duration goal of 10 minutes.

Burn, baby, burn!


Now, THAT’s a disco inferno!

Last Subtitle

More to come …

Note. The above synopsis was derived from an article written by Chimera Labs [2].

  1. Mastering Bitcoin by Chimera Labs. Published by © 2017


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