What exactly is NibbleClassic?
NibbleClassic is a blockchain based currency. the currency can only be brought into circulation through the process of mining.
There can only ever be a maximum supply of 210,000,000 complete units in circulation.
Each block has a target of 150 seconds giving a reward which constantly reduces.
What's a blockchain currency?
A system in which a record of transactions made in cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
Ok, so let's take this one step at a time...
These are the bits we need to understand, and best understood in the following order:
What's a block?
What makes up a blockchain?
Where do the transactions get recorded?
What's the mining process?
What can I do with my cryptocurrency?