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Parallax v1.0.0 - Mainnet Launch

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@andrepatta andrepatta released this 28 Oct 19:00
· 13 commits to main since this release
Immutable release. Only release title and notes can be modified.
v1.0.0
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andrepatta Andre Patta
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🌌 Overview

After months of development, testing, and refinement, Parallax Mainnet is now live.
This marks the beginning of a new decentralized era — a Bitcoin-inspired, EVM-compatible blockchain that fuses deterministic monetary policy with full smart-contract capabilities.

Parallax is a clean-room fork of go-ethereum, meticulously re-engineered to follow Bitcoin’s ossified economic model while introducing an entirely new Proof-of-Work algorithm, XHash, purpose-built for fairness, verifiability, and long-term sustainability.

⚙️ Core Highlights

🔐 Immutable Monetary Policy

  • Hard-capped at 21 million coins
  • Block reward of 50 coins, halving every 210 000 blocks
  • No premine, no dev-fund, no pre-allocation — 100% fair launch
  • Follows a deterministic emission curve identical to Bitcoin’s

⚡ Consensus Algorithm: XHash

  • Custom GPU/CPU PoW algorithm derived from Ethash
  • Epoch length: 720 blocks
  • Modified FNV-1 round function with Parallax-specific constants
  • Optimized for verifiability and ASIC resistance
  • Fully open-source miner: Hashwarp

🧠 Full EVM Compatibility

  • Complete support for Ethereum smart contracts, tooling, and RPCs
  • Metamask / Chainlist-ready endpoints
  • Compatible with major development frameworks (Hardhat, Foundry, Thirdweb, etc.)

🕸️ Network Rules & Timings

  • 10-minute target block time
  • Difficulty retargeting via Nakamoto-style median-time-past adjustment
  • Genesis timestamp: 2025-10-28 19:00 GMT
  • Chain ID: 2110

🧩 Mining Tools

Hashwarp Miner

Minimal GPU/CPU miner for XHash.

  • OpenCL 1.2 + compatible
  • CUDA 12.x compatible
  • Easy CLI interface: 
    hashwarp -P http://127.0.0.1:8545

Latest release: v1.2.0

🔭 Developer Ecosystem

🪙 Fair Launch Policy

Parallax launched with zero premine and open GPU mining from block 0.
All coins in circulation are verifiably mined on-chain.
The Genesis block contains no privileged allocations — only the protocol definition and a genesis message:

The Times 28/Oct/2025 Trump tells Japan: Any favours you need, we’ll be there

🧩 Repository Summary

Component Description
parallax Core node client (Go)
xhash C++ PoW library
hashwarp XHash GPU miner with OpenCL and CUDA support
parallax-website Next.js parallaxchain.org website
parallax-docs Developer documentation

🤝 Join the Community

🌠 "I'm sure that in 20 years there will either be very large transaction volume or no volume." - Satoshi Nakamoto

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