FAQ

  • Where are your headquarters?
    • Scottsdale, Arizona, United States
  • Why Solar Powered?
    • The Cactus Blockchain organization believes strongly in renewable energy and Solar Power is a favorite among those. Our ambitious goal is to have all Cactus Farmers to be farming with renewable energy. The Cactus-Network will first focus on Solar Power, a plentiful resource in Arizona where the Cactus Blockchain was born.
  • What is your Roadmap?
    • Stability, Security, Decentralization, Immutability, and an overall confidence in the Cactus Blockchain is goal number one.
    • Mobility is a top objective. We are actively working to create a mobile platform which will allow all Cactus coin holders to be able to interact with the blockchain on a mobile device (IOS, Android, beyond).
    • Chialisp and Colored Coins – ChiaTM has done an outstanding job of creating this new PoST Blockchain solution for us, and has included great smart contract flexibility through Chialisp. Cactus Blockchain intends to take full advantage of this flexibility and offer end-users practical capabilities such as GUI based customizable NFTs and more.
    • Cactus Farmer’s ideas – Cactus Farmers are on the front line of the PoST (Proof-of-Space-Time) movement and have great ideas. Our Discord Channel is being used to listen and incorporate those ideas. We are adding these to our list of Roadmap features.
    • Provide mojos for farmers based on their netspace (total plot size being farmed) to compensate/reward them for the resources they are deploying regardless of blocks won in the short term. As the Cactus Netspace grows, rewards for winning blocks becomes more inconsistent without pools. The Cactus Blockchain supports pools, but we would like an alternative that supports Farmers without pooling, based on their Farm size. For example, if their estimated win time is 4 months, they can receive mojos daily, and when they finally win, the Cactus Blockchain completes summation of the award less the mojos accumulated by the farmer. The farmer is incentivized to continue to farm for the larger reward. To have small farmers stop farming would be a loss to the overall blockchain. We want to keep farmers of all sizes. This is a potential solution and can be built using smart contracts.
  • Where is your White Paper?
    • We are engineers. We spend our time writing code, not writing white papers. We think there are plenty of outstanding white papers floating around the internet. Cactus Blockchain is built on top of the ChiaTM source code. They have an outstanding white paper. Satoshi Nakamoto also has an outstanding white paper and we are big fans of Nakamoto. The Cactus Blockchain is not trying to reinvent the wheel, we are trying to make it easy and practical for everyone around the world to access and use digital currency. Cryptocurrencies built on proof-of-work technology are not scalable. The energy costs to power those blockchain solutions become to high, and that translates into high exchange fees (gas fees). Proof-of-space and time on the other hand is much more economical to scale and sustain. This leads to an easy transfer of Cactus Coins between wallets. If you are new to Farming the Cactus Coin, check out our Faucet on our Discord Channel to receive a couple cactus coins for free.
  • How is the Cactus Blockchain different?
    • We are different in the fact that our Prefarm was only 210K, and our goal is simple, decentralization with a zero energy cost footprint. Using Bitcoin and Ethereum and POW Blockchains is expensive (gas), both for the end-user (coin holder), and the environment. We are working to enable everyone around the world to be able to use the Cactus coin (CAC) as a currency in a fully decentralized, mobile environment.
  • Come learn more on our Discord Server.
  • Thank you to all of our Farmers winning Cactus Coins and Powering the blockchain!