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Digitalcoin (DGC) Scrypt based cryptocoin

18 Jan
2014

digitalcoin-scrypt-crypto-coin

Digitalcoin (DGC) is a simple currency that keeps its value well and does not experience as much volatility as some other crypto currencies. This regard for stability is inherent in the design. It is optimized for performance and is one of the fastest ways to send and receive transactions in the world. digitalcoin is a real usable currency with multiple vendors and ways to purchase a variety of items including hardware, software, Steam games, food, jewelry, precious metals, and more.

Website
– http://digitalcoin.co/en/

Block Explorer / Crawler
– http://dgc.cryptocoinexplorer.com/

SPECIFICATIONS

  • Algorithm: Scrypt
  • Block Time: 20 seconds  – Enough time to minimize orphans but still provide almost instant transactions.
  • Difficulty: Starts at 0.00024414 – It will take 6-8 difficulty adjustments (or ~13000 blocks) to reach desired difficulty of 1. It retargets quickly to adjust to the environment, so stability should not be much of an issue. Miners should also find the system adjusts fast enough to be up to date, but not so fast as to make the environment unpredictable and unstable. 6 hours is target time. Every 1080 blocks (6 hours @ 20 seconds per block),  the network scales the difficulty accordingly. Example: If target is 6 hours and it took 3 hours to find 1080 blocks, difficulty will increase 200%.
  • Reward: 20 coins per block, halved every 3 years – Consistent rewards encourage miners to support the network long term. Loyalty is rewarded. This also reduces volatility by setting the foundation on a stable path. Due to the fair launch policy, block rewards will grow in value until they reach the 20 coins per block reward. More details below.
  • Maximum coins: 200,000,000

DOWNLOADS
– Online Wallet
– Windows
– Mac

Source Code
– at GitHub

PORTS

  • P2P Port: 7999
  • RPC Port: 7998

POOLS
https://www.multipool.us/
http://dgc.prominer.org:8810/static/
http://squiggie.com/pools/dgc/
http://digitalcoin.scryptmining.com/
http://dgc.coinarmy.com/
http://dgc.cryptopools.com/

EXCHANGES
– Bleutrade
– Bter

Diamond (DMD) Scrypt based cryptocoin

18 Jan
2014

diamond-scrypt-crypto-coin

Diamond (DMD) is an amazing new digital currency that allows people to send cash anywhere in the world instantly, securely, and at near-zero cost. At the same time, DMD is an untra-scarce store of wealth for people wishing to invest in a non-government controlled, instantly transferable asset with zero storage costs.

Website
– http://bit.diamonds/

Block Explorer / Crawler
– https://chainz.cryptoid.info/dmd/
– http://dmdpool.digsys.bg/bc/

SPECIFICATIONS

  • Groestl Algorithm
  • Proof of work/Proof of stake
  • Each normal block has 1 diamond
  • 1 minute block time
  • 1500 diamonds per day including bonus blocks
  • Difficulty retargets every block
  • Mining will last for 8 years
  • Expected total coins will be 4,380,000 diamonds
  • 3 confirmations for transaction
  • 50 confirmations for minted blocks
  • Low transaction fees.

DOWNLOADS
– Online Staking Wallet
– Wallet
– AMD DMD Miner

Source Code
– at GitHub

PORTS

  • P2P Port: 17771
  • RPC Port: 17772

POOLS
– http://multipool.bit.diamonds/
– http://dmdpool.digsys.bg/
– https://dmd.miningfield.com/
– http://dmd.cryptopools.com/

EXCHANGES
–
– Livecoin

Cryptogenic Bullion (CGB) Scrypt based cryptocoin

18 Jan
2014

cryptogenicbullion-scrypt-coin

With Bitcoin gaining wider adoption as a currency across the globe, businesses not adapting to this development risk missing out on potential revenue streams. But once a business, large or small, joins the Bitcoin economy, it faces misallocation of risk. In particular, given Bitcoin’s still maturing market, businesses are susceptible to price volatility, which can stress balance sheets. So a common question many businesses will ask is how to hedge against the inherent risks of adopting Bitcoins. Cryptogenic Bullion, a virtual commidity-currency, aims to answer such a question.

A fork of the virtual currency Peercoin, Cryptogenic Bullion (CB) was designed to be a rare, interest bearing, peer-to-peer virtual commodity with the currency characteristics similar to Bitcoin. It maintains the same features as Bitcoin: decentralization, anonymity, and low fees. But it also has some differences: accelerated decrease of the mining subsidy and 2% annual interest eligible for coins which have been stationary in a user’s wallet for at least 30 days. The mining subsidy is the reward from the Proof of Work (PoW) scheme that fortifies Bitcoin. Moreover, the 2% annual interest is as result of the Proof of Stake (PoS) scheme, which increases the security of the block chain against 51% attacks.

The mining subsidy is initially set to 10 CB per block and is halved every 50,000 blocks. This will continue until reaching a block reward floor of 0.01 CB. By this time there will be approximately one million CB in existence, and the 0.01 CB block reward will equate to about 0.5% annual inflation.

Website
– https://cryptogenicbullion.org/

Block Explorer / Crawler
– http://explorer.cryptogenicbullion.org:2750/chain/CryptogenicBullion

SPECIFICATIONS

  • Proof of Work/Proof of Stake Hybrid
  • Scrypt Algorithm
  • Linear difficulty retarget (every 2 blocks)
  • 5 Confirms
  • 60 Second block time
  • 10 Bullion per block (1st 55k blocks)
  • ~2% Annual PoS
  • Subsidy halving after every 50k blocks until reward of ~0.01 is reached were it will remain forever
  • ~1,000,000 CryptogenicBullion with 0.5% annual inflation

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • P2P Port: 7695
  • RPC Port: 8395

POOLS
https://www.multipool.us/
http://cgb.theblocksfactory.com/
http://cgb.smalltimeminer.com/

EXCHANGES
– Bleutrade

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