Why this network exists, how it is built, and how it compares to what already exists.
The first cryptocurrencies promised that anyone could take part. Paritr is an attempt to keep that promise workable.
When Bitcoin launched, mining ran on ordinary computers. Within a few years that was over: purpose-built chips arrived, then warehouses full of them. Today a handful of industrial operations produce most new coins, and an individual with a laptop has no realistic path in.
That is not a moral failing of anyone involved - it is the predictable result of a puzzle that rewards raw silicon. If you want participation to stay open, the puzzle itself has to be chosen differently. That is the whole idea behind Paritr.
Paritr follows Bitcoin’s architecture closely: an 80-byte block header, a Merkle tree over the transactions, compact difficulty encoding, most-work-chain consensus. What differs are two deliberate decisions, described below.
Instead of SHA-256 the proof of work uses scrypt with a 2 MiB scratchpad per hash. The cost is dominated by memory latency rather than gate count, which removes most of the advantage specialised hardware would otherwise have. It is the same footprint that kept ASICs away from CryptoNight for years.
Small miners normally need a pool operator to be paid regularly. Paritr builds that sharing into consensus itself: 95 % of each block reward is split by the share of proven work over the last 120 blocks. No pool, no operator, no fee - and no single point of control.
Bitcoin and Monero are the obvious reference points: one defined the field, the other has fought the hardest to keep mining on general-purpose CPUs.
| Bitcoin | Monero | Paritr | |
|---|---|---|---|
| Proof of work | SHA-256d | RandomX | scrypt (2 MiB) |
| Realistic hardware | ASIC only | CPU | CPU |
| Payout for small miners | External pool | External pool | Built into consensus |
| Block time | ~10 min | ~2 min | 60 s |
| Supply | 21 Mio. | Tail emission | Tail emission |
| Solo setup effort | Not viable | Moderate | One command |
Bitcoin and Monero are mature networks with enormous security budgets and years of adversarial testing. Paritr is young and makes no claim to match that - the table compares design choices, not track records.
Paritr is not an investment product and makes no promise about value. It is infrastructure: a ledger, a currency, and the tools to use them.
It is also young software. Coins may lose all value, transactions cannot be reversed, and a lost key cannot be recovered by anyone. Use it with that clearly in mind.
Paritr comes from the Latin pariter - equally, on equal footing.
Creating a wallet takes less than a minute and costs nothing.
