Galaxycoin (GLX) Scrypt based cryptocoin

22 Jan
2014

galaxycoin-scrypt-coin

Galxycoin (GLX) is a descedant of Novacoin, it uses both Proof of Work and Proof of Stake. It is effectively resistant to 51% attack. It provides steady coin supply at 64 coins per block, for 8 years. The difficulty retargeted each block, with the last 10 blocks average, this ensures a fast adjustment to the network hashrate, while maintaining a stable transition. The total coins mined will be 538,214,400 coins. Galaxycoin has a fair start and zero premined.

Website
– Bitcointalk announcement

Block Explorer / Crawler
– http://glx.webboise.com:2790/chain/Galaxycoin

SPECIFICATIONS

  • Scrypt Algorithm
  • Proof of work/proof of stake
  • 30 seconds block time
  • 64 coins per block
  • Retarget every block using last 10 blocks average
  • Trade confirmation: 3
  • Mint confirmation: 50
  • Total number of coins 538,214,400 (8 Years)

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 15522
  • P2P Port: 15521

POOLS
http://glxpool.digsys.bg/
http://galaxy.cryptcoins.net/

EXCHANGES
– Coins-e

How to Speed Up New Bitcoin Wallet Synchronization

21 Jan
2014

bitcoin-wallet-importing-blocks-from-diskw

If you are just getting into Bitcoins and started by installing the Bitcoin wallet on your computer you may notice that the synchronization process with the Bitcoin network is taking up quite some time. This is due to the very large blockchain that has been generated so far and it will continue to grow even bigger, so besides more than 10 Gigabytes of space you need to be ready to wait a bit. There is however a clever solution that might speed thing up, you can download a file to help you import most of the blockchain locally much faster and then synchronize with the rest of the network in no time.


What to do guide:

– Download and install the Bitcoin wallet software, run it and then close it.
– Download the bootstrap.dat file (via a torrent client).
– Copy the bootstrap.dat file in the folder \Users\YOUR_WINDOWS_USERNAME\AppData\Roaming\Bitcoin (for Windows) or in the Bitcoin data folder for other OSes
– Run the Bitcoin software to import most of the blockchain locally and then to download only the rest and synchronize the client

This will get you up to speed and running in no time and much faster than running the Bitcoin client and waiting for it to download and synchronize the complete blockchain from the start to the most recent blocks.

Franko (FRK) Scrypt based cryptocoin

21 Jan
2014

franko-scrypt-crypt-coin

Franko (FRK) is an amazing new virtual currency based on cryptography. Franko coins can be instantly sent anywhere in the world over the internet via a shared public ledger for little to no cost. One Franko is denominated as 1 FRK. New FRK are released into the economy every 30 seconds by the network as payment for confirming transactions and securing the network. Franko is designed to produce 11,235,813 FRK over the next 500 years making FRK the most long term solution. Each FRK is divisible to the 8th decimal place which helps overcome the limitations of scarcity.

Website
– http://frankos.org/

Block Explorer / Crawler
– http://florinexchange.com/explorer/

SPECIFICATIONS

  • Scrypt Algorithm
  • Proof-of-work
  • 30 second block targets
  • 0.25 block reward
  • 11,235,813 Total coins
  • Difficulty retarget 4x per day
  • Block reward halves every 20million blocks

DOWNLOADS
– Windows
– Linux
– Mac
– Android

Source Code
– at GitHub

PORTS

  • RPC Port: 7913

POOLS
http://frk.dencoinpools.com/
http://frk.coin-pool.org/
http://franko.ub3rl33t.com/

EXCHANGES
– Yobit

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