Archive for the ‘Crypto Coins’ Category

ZiftrCOIN (ZRC) ZR5-based alternative cryptocoin

3, Mar 2015

ziftrcoin-logo

ZiftrCOIN (ZRC) is an innovative altcoin that works like a coupon, the gateway coin to mainstream cryptocurrency adoption, aims to onboard the next 10 million cryptocurrency users by putting cryptocurrency into the hands of consumers and enabling them to conduct simple, secure transactions at their favorite online merchants.

Website:
– https://www.ziftrcoin.com/

Block Explorer:
– http://explorer.myziftr.com/

Coin Specifications

  • ZR5 Algorithm with Proof of Knowledge
  • Total Supply: 10 billion ZRC
  • Block time: 1 minute
  • Difficulty retargeting: Every block
  • Tie Breaker: Mature coins spent
  • Confirmations: 12
  • Distribution: Modeled after adoption rates of new technologies
  • Premine: 4.5% (66.7% of which to be given away to consumers)

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 10332
– P2P Port: 10333

Mining Pools:
– http://www.ziftrpool.io/

Coin Exchanges:
– HitBTC
– Bleutrade

Are You Looking for a CPU Crypto Coin, Try Coin Magi (XMG)

2, Mar 2015

coin-mag9-xmg-accepted-here

While we are on the topic of CPU mining crypto coins, after going though the currently available alternative crypto coins that are still mineable only with CPU there is pretty much only one that stands from the crowd and that is Coin Magi (XMG). Sure, there are a few more coins that are still CPU only, but their developers are not very active, nothing much is happening there and the community around the coins is pretty much disappearing. With Coin Magi however it is quite the opposite, active developers and large community supporting the coin and mining it even though XMG is already entered its POW-II stage with the reward per block in between 3 and 50 XMG unlike the first 50K blocks (POW I stage) when it was between 5 and 300 XMG. Do note that Coin Magi is also a POS coin, though it uses a so called POS-II algorithm that makes it a bit more complex for the calculation of the interest rate of staked coins.

Since we mentioned complex, this seems to be one of the issues that XMG is facing and one of the main problems that are hurting the coin – there is so much information and things happening about the coin all of the time that it is hard to keep a track on all things for a lot of users. You need to be following closely the development of Coin Magi all of the time and be a bit more advanced crypto currency user to be up to date with everything and a lot of the users are in fact not doing that. The team behind XMG needs to summarize all of the important information about the features and development of the Coin Magi in a brief and user friendly way and instead of pushing too much information to users that don’t know what to do with it ti present them with the important details in short. Anybody that is advanced user or wants to dig up into details can start researching things deeper, but for the people that don’t there is no need to dig deeper than they should just to get the basics of the coin as it is in the moment. This by the way is not a problem that only XMG has, many other alternative crypto coins suffer from a similar problem – ether lack of enough information or with too many details that make it hard to grasp the basics.

One of the latest things happening around the XMG is the launch of their Coin Magi payment gateway called MagiPay, designed for merchants that are interested in accepting the crypto coin as a form of payment. Unfortunately another example of too much and unclear information as we cannot really get if the gateway is already launched and working, there is a website available that seems to be operational, or it will be launched on March 6th. If they start managing things better and actually make it easy for the users the coin can continue to grow as it already has a big community, both mining and trading, is traded on some of the larger altcoin exchanges and has a relatively stable exchange rate. So if you haven’t heard of Coin Magi (XMG), then you might want to take a look at it as there are other interesting new features planned for the future.

– For more information about the Coin Magi (XMG) CPU only crypto altcoin…

GeoCoin (GEO) Qubit Based Crypo Coin

22, Feb 2015

geocoin-logo

GeoCoin (GEO) is an alternative crypto currency that uses the Qubit algorithm for mining, it is already a month old and comes with the ambitious goal of bringing Geographic Information Systems (GIS) technology to the blockchain. Some of the upcoming interesting features that are planned include geocaching implementation with geocoins as a rewards and that should come on a global and not local scale. A geominer that should performs useful GIS analysis instead of using a Qubit crypto algorithm that currently is being used, that one should be implemented when ready, hopefully before the coin is mined. But these are features that we are yet to see implemented as they are currently on the roadmap of the coin. Recently the coin was added to some of the bif altcoin exchanges and this brought it to our attention as something that is developing well and seems promising, especially if they manage to deliver on their promises. Do note that the Qubit algorithm is working better on Nvidia GPUs, so you will be getting higher hashrate mining the GEO with Nvidia than on AMD GPUs.

Website
– http://geocoin.cash/

Block Explorer / Crawler
– http://104.236.52.122:8331/

SPECIFICATIONS

  • Qubit Algorithm
  • PoW-only coin
  • 1 minute block time
  • 5,000,000 GEO coins total
  • 0.5% initial premine
  • Block reward decreases by 1 every month until it is 1, starting at 10 coins per block

DOWNLOADS
– Windows

Source Code
– at GitHub

POOLS
– https://geo.suprnova.cc/
– https://geo.maxminers.net/

EXCHANGES
– Bittrex


top