Archive for the ‘Crypto Coins’ Category

VirtaCoin (VTA) Scrypt-based alternative cryptocoin

16, Aug 2014

virtacoin-logo

VirtaCoin (VTA) is formerly PayBox.me/VirtaPay, the e-currency/virtual currency platform, which was founded in September 2010 as PayBox.me and was rebranded as VirtaPay on March 13, 2011. From the launch of PayBox.me until July 1st, 2014, PayBox.me/VirtaPay has gained 1.6 Million Users. Don’t believe it yet? The first 2015 blocks where VirtaCoin was mined and sent to all of the 1.6 Million user accounts.

Website:
– http://www.virtacoin.com/

Block Explorer:
Not available.

Coin Specifications

  • Scrypt Algorithm
  • 8000 VTA coins per block, reduces by 0.5% each week starting 6/28/14
  • ~21 billion total VTA coins
  • 60 second block time target
  • Difficulty retarget every 1 block

Wallet:
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 22815
– P2P Port: 22816

Mining Pools:
– http://p2pool.e-pool.net:8934/static/
– http://www.coin-miners.info:8080/tbs
– http://vta.coin-miners.info/

Coin Exchanges:
– Bleutrade

Merged Mining of Dogecoin and Litecoin to Be Available Soon

5, Aug 2014

litecoin-plus-dogecoin-merged-mining

There have been talks about possible merge mining support for Dogecoin along with Litecoin or either the DOGE forking from Scrypt to another GPU-only algorithm, so that it will not be mineable with Scrypt ASICs. It seems however that the final decision by the DOGE devs is to go the merged mining way as they have announced that they will enable the Dogecoin blockchain to accept auxiliary proof-of-work from other Scrypt chains. There is already a new branch available in the DOGE Github repository called 1.8-dev which has the AuxPoW switch on the testnet set, so that pool operators can experiment with merged mining before the actual fork to enable it on the main chain. There is no exact date on the update happening announced yet, but it should be sometime soon if there are no serious problems and if pools start adding merged mining support for LTC and DOGE. Do note that you will not be forced to use a pool with merged mining support, you would still be able to mine separately both Litecoin and Dogecoin if you wish to, however why not mine both together when there should be no drawbacks in that and only positives. This way fan of DOGE could merge mine and use the mined LTC to buy more Dogecoin for example, however the miners interested in LTC can also dump the mined DOGE for more LTC. How this will affect the DOGE is still uncertain, however many believe that this is the way to actually save Dogecoin from slowly dying.

– Read the official announcement from the Dogecoin devs about the upcoming AuxPoW support…

Quark (QRK) Quark-based alternative cryptocoin

29, Jul 2014

quark-logo
Quark (QRK) is a medium of exchange and a store of value. It is a digital currency with the power to profoundly influence the non-digital world. However, it is more than a currency, it is an ideology which adheres to the belief that the control of money should not be in the hands of the few, but in the hands of the many.

Quarks are a form of online payment system but in a decentralized monetary system. Quarks to Friends, Family Members & Online Payments. Free of charges and chargebacks. Military Grade Encryption. No Bank or Government Control. Quark Coins are based on the original idea of Bitcoin but improved, more secure, with improvements to design and security. There is also a greater coin supply with higher block rewards for miners.

Website:
– http://www.quarkfoundation.cc

Block Explorer:
– https://coinplorer.com/QRK
– http://e-pool.net/explorer/QRK/

Coin Specifications

  • Quark Algorithm
  • Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK
  • 2048 QRK per block (halving every 60480 blocks ~ 3 weeks)
  • Block reward will never drop below 1 QRK
  • Quick block generation: 30 seconds
  • Difficulty re-targets every 20 blocks (maximum 10% up or 50% down)
  • Transaction confirmation time: 6 blocks or ~9 minutes
  • Block maturity time: 100 blocks or ~2 hours
  • Kimoto Gravity Well for difficulty readjustment

Wallet:
– Windows

Source Code:
– at GitHub

Ports:
– RPC Port: 8372
– P2P Port: 8373

Mining Pools:
– https://qrk.suprnova.cc/
– http://qrk.e-pool.net:8910/static/

Coin Exchanges:
– Bleutrade


top