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Written in the voodoo cultspeak of futurist horror writer H.P. Lovecraft’s short story, “The Call of Cthulhu,” the creepy Cthulhu Offerings may be the most confusing digital currency yet.
“The time draws near, the return of The Great Old One is upon us,” writes the developer. “Join us in our ritual.”
The currency was announced in September by a user, Blazr2, on the cryptocurrency forum Bitcointalk. Its growth has been slow but steady since then. The “ritual” refers to the distribution of coins, or OFF. Like other cryptocurrencies such as Bitcoin, users can run the OFF client to slowly generate more coins. The algorithm will adjust the difficulty of mining once half all coins are generated in order to pace the release of coins.
It also appears that OFF is designed to randomly reward one user with a windfall:
During the last five days, the ‘Tharanak shagg,’ or “promise of dreamland,” the ritual reaches final pitch and the daily special blocks are highly increased.