Archive for the ‘Crypto Coins’ Category

MediterraneanCoin (MED) HybridScryptHash256 based cryptocoin

22, Feb 2014

medetereniancoin-crypto-coin

Mediterraneancoin (MED) is a derivative version of Bitcoin/Litecoin using a new proof-of-work algorithm called HybridScryptHash256. HybridScryptHash256 integrates the best of Hash256 and Scrypt algorithms (respectively the core Proof of Work algorithms of Bitcoins and Litecoins), allowing the reuse of the less powerful ASICMiner Block Erupter devices. The idea is to allow all the users of USB Block Erupter, Bitmain AntMiner U1 and similar small ASIC devices to mine an altcoin without having “whales” coming and disrupt mining. With HybridScryptHash256, each Hash256 mining iteration with an erupter is encapsulated between two Scrypt stages (a memory intensive algorithm whose parameters depend on the current difficulty). In this way, a good amount of CPU power (or maybe even GPU power) is necessary for each Hash256 dedicated hardware. If a miner owns a lot of Hash256 computing power, in order to mine Mediterraneancoins, he will need also a corresponding CPU power. If the correspondent CPU power is not available, then the Hash256 computing power is automatically limited. And since the proof-of-work algorithm is completely different from Hash256 and Scrypt algorithms, in order to mine, you need a modified miner.

Website
– http://www.mediterraneancoin.org/

Block Explorer / Crawler
– http://explorer.mediterraneancoin.org:2750/chain/Mediterraneancoin

SPECIFICATIONS

  • HybridScryptHash256 Algo
  • 1 minute block targets
  • 6 hour to retarget difficulty
  • 200 million total coins
  • MediterraneanCoins addresses start with “M”.

DOWNLOADS
– Windows
– Linux

Source Code
– at GitHub

PORTS

  • RPC Port: 9372
  • P2P Port: 9373

POOLS
http://ibipot.com/
http://med.mine.nu/
http://med.u2pool.com:3333/static/

EXCHANGES
– Atomic Trade

Photon (PHO) Blake-256 based cryptocoin

21, Feb 2014

photon-blake-256-crypto

Photon (PHO) is a new alternative cryptocurrency using the Blake 256 Algorithm that is used for BlakeCoin (BLC). It is a new project designed to function well now and with future technology in mind. Photon is the second coin to use this unique design (modeled after Blake Coin) and may be merge mined in a pool with Blake Coin or other Blake 256 coins in the future. Currently almost every concurrency that exists cannot be merge mined in the same way Namecoin and others are with Bitcoin. Photon can be mined with the same modified miner for BlakeCoin GPU Miner that supports the Blake-256 algorithm.

Coins developers are working against each other instead of together right now. Photon is an attempt to change that. If you are digging in a mine for gold you would not leave silver, tin or other things of value around you would take them all. This is why Photon was created with the fast, light Blake 256 algorithm. This is the future. Scrypt coins cannot be merge mined. Most SHA 256 D coins cannot be either.

The Blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin. The reward for mining Photon does Not decrease over time, instead it increases with block height and difficulty. There are no restrictions on any platform as Photon does not include artificial *Security* or *Resistance* that reduce mining hash rate and power efficiency. The Photon network hashrate is currently over 200 GHS and continues to grow, so there is a interest from users apparently even though there aren’t big pools or exchanges for PHO yet.

Website
– http://photoncoin.org/wp/

Block Explorer / Crawler
– http://162.243.101.139:2750/

SPECIFICATIONS

  • Blake-256 – faster than Scrypt, SHA-256D and Keccak
  • Each Block award is 32768 + inflation (square root of (difficulty * block height))
  • No reduction of block reward
  • Cap in place to reduce difficulty jumps upward
  • Block target time is 3 minutes and retargets every 20 blocks
  • Total of 90,000,000,000 coins
  • Block maturity 120

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 8494

POOLS
– http://photon1.blakecoin.com/

Merged Mining Blakecoin + Photon Pools:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/

EXCHANGES
– Atomic Trade

Rubycoin (RBY) Scrypt-based alternative cryptocoin

21, Feb 2014

rubycoin-logo

Rubycoin (RBY) is digital money used for secure and instant transfer of value anywhere in the world, with no borders or limits. There is no government, company, or bank in charge. Utilizing blockchain technology, Rubycoin are issued and managed without any central authority. Every user with a Rubycoin wallet plays an important role in processing transactions on the decentralized, peer-to-peer network. Interest is earned by each participant and users stay in full control of their money.

Website:
– https://www.rubycoin.org/

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

Coin Specifications

  • Scrypt Algorithm PoW + PoS
  • Max Supply: 60 million coins
  • Block Reward: For the first 5 months, rewards step down from 500, 250, 125, 75, 50
  • Block Target: 150 seconds
  • Difficulty Retargetting: Every block
  • Premine: 2%
  • Proof of Stake (PoS) reward: 4 RBY
  • Block Time: 90 seconds
  • Minimum Stake Age: 500 blocks

Wallet:
– Online Staking Wallet
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Mining Pools:
The coin is now PoS only, no mining pools available.

Coin Exchanges:
– Yobit
– Bittrex


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