Posts Tagged ‘ADC trading’

Audiocoin (ADC) Scrypt-based alternative cryptocoin

20, Jun 2015

audiocoin-logo

AudioCoin (ADC) is a digital currency for the music industry. It was recently reported that the Music Industry had hit rock bottom in terms of revenue generated. While streaming sites show some growth (mainly due to the younger demographic), artists and independent labels continue to suffer from what is (at best) a flaky business model. What the music industry needs right now is innovation and a fresh start. It needs a Bob Dylan strapping on an Electric Guitar, It needs a Woodstock, it needs a Punk Rock style ground zero revolution. AudioCoin builds on the Peercoin and (by association) Bitcoin protocol to provide a new way to consume music. It breaks down the barriers of traditional e-commerce systems and provides a super cool way for music fans and artists to engage in viral marketing. The main gain is that artists (producers) and music fans (consumers) are rewarded tangibly and thereby rendering the current streaming model both archaic and redundant.

Website:
– http://www.audiocoin.eu/

Block Explorer:
– https://www.blockexperts.com/adc
– http://www.presstab.pw/phpexplorer/ADC/

Coin Specifications

  • Algorithm: Scrypt POW/POS
  • Max number of coins (including POS phase): 10.5 billion ADC total
  • Timings of block: 60 seconds
  • Coins per Block (during pow phase): 4000 coins, reduce 5% every week
  • Block number when POW ends: Block number 525000 (2.1 billion coins)
  • POS interest rate: 18% per year (1.5% per month)
  • Premine in number of coins: 5% or 525 million

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 26159
– P2P Port: 25159

Mining Pools:
– http://adc.eu.ozbtcminers.com/
– http://www.crypticzero.com/adc

Coin Exchanges:
– Yobit


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