Archive for the ‘Crypto Coins’ Category

GroestlCoin (GRS) Groestl based cryptocoin

20, Apr 2014

groestlcoin-crypto

GroestlCoin (GRS) is a new cryptocurrency utilizing the Groestl algorithm for Proof-Of-Work. To cut it short essentially GroestlCoin is about one thing – making efficient mining possible for EVERYBODY who wants to mine – whether on an old CPU or a new GPU. The Groestl algorithm is possibly the single most GPU-efficient algorithm implemented in any cryptocoin on the market. A comparison between many different algorithms shows that it has the lowest power consumption, heat, and noise of the array of newer ones being implemented in cryptocoins.

GroestlCoin is also notably accommodating for CPU mining as well, with only a 5x-10x hash difference between CPU/GPU – a much smaller spread than that of Scrypt coins. In essence this means that everybody, especially including those who can’t afford or want to invest in expensive mining equipment, can mine GroestlCoin and get reasonable rewards. Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance.

Website
– http://www.groestlcoin.org/

Block Explorer / Crawler
– http://bitgo.pw:3731/chain/Ultracoin

SPECIFICATIONS

  • Groestl Algorithm
  • Total coins: 105 000 000 GRS
  • Coins per block: 512 GRS
  • Minimum block reward: 5 GRS
  • Block target: 60 seconds
  • Difficulty adjustment: DGW (Dark Gravity Wave)
  • Block reward reduced by 6% every 10080 blocks, which will occur approximately every 1 week
  • Mined coins mature in 140 blocks
  • Premine: 240,640 GRS (0.22918095% total)

DOWNLOADS
– Online Wallet
– Windows
– Mac

Source Code
– at GitHub

PORTS

  • RPC Port: 1441
  • P2P Port: 1331

POOLS
– http://grs.cryptohunger.com/
– https://cpu-pool.net/grs/
– https://grs.suprnova.cc/
– https://www2.coinmine.pl/grs/

EXCHANGES
– Bittrex
– Binance
– Livecoin

Electronic Gulden (EFL) Scrypt-based alternative cryptocoin

20, Apr 2014

e-gulden-logo

Electronic Gulden, e-Gulden (EFL) is a new Scrypt-based altcoin. The goal is to bring the Dutch ƒ Gulden (English: ƒ Guilder) back in an electronic version. The Netherlands had used the Gulden (Gouden Florijn) from the Middle Ages, to 2002. In 2002 the government decided to replace the Gulden for the Euro. This replacement had a negative influence on the economy for the Dutch citizens. The Electronic Gulden is the Dutch cryptocurrency, bringing back its nostalgic value. Every country has its own economy and therefore we feel having individual coins for each country, working better than global currencies. We believe that we live in revolutionary times, where a cryptocurrency as the Electronic Gulden (EFL) can have a major impact on our economy.

Website:
– http://e-gulden.org/

Block Explorer:
– https://chainz.cryptoid.info/efl/

Coin Specifications

  • Scrypt Algorithm
  • Total coins available: 21,000,000 EFL
  • Block reward: 25 EFL coins
  • Block reward halves: 210000 blocks
  • Difficulity will adjust every 512 blocks / Kimoto Gravity Well implemented
  • Premine: 50%

Wallet:
– Windows
– Linux
– Mac OS
– Android

Source Code:
– at GitHub

Ports:
– RPC Port: 21015
– P2P Port: 11015

Mining Pools:
– http://pool.amazingsystems.nl/
– http://egn.poollersunited.com/
– http://www.omargpools.ca:2015/static/

Coin Exchanges:
– Bittrex
– Bleutrade

Bitstar (BITS) Scrypt-based alternative cryptocoin

20, Apr 2014

bitstar-logo

Bitstar (BITS) is a digital savings currency offers an alternative to Bitcoin, in that the coin network is secured by the process of your wallet balance “staking” or, in traditional banking terms, earning interest. Simply deposit coins into your official Bitstar wallet and after 24 hours they will start earning interest, which you will see being deposited into your wallet by the network. The wallet offers a number of advanced features and integrated services, but can be used very easily as a simple way for you to hold your coins and become more familiar with the additional functions at your leisure.

Website:
– http://bitstarcoin.com/

Block Explorer:
– https://www.blockexperts.com/bits

Coin Specifications

  • Scrypt Algorithm PoW + PoS
  • Total PoW+POS coin supply: 54.25 million (PoW ended May 2014 at 15 million)
  • 124 coins per block
  • POS interest: currently 25%, going down to 10% and 1% annually (35% for 1st year)
  • Only 4 confirmations for a transaction
  • 80 confirmations for blocks to mature
  • 24 hour PoS staking
  • 3% initial premine for development, bounties and charity

Wallet:
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 62124
– P2P Port: 62123

Mining Pools:
No mining pools, the coin is now PoS only.

Coin Exchanges:
– Yobit
– Bittrex


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