Posts Tagged ‘Blake-256 coin’

BlakeBitcoin (BBTC) Blake-256 based cryptocoin

21, May 2014

blakebitcoin-crypto

BlakeBitcoin (BBTC) is a clone of Bitcoin with the same reward structure starting with 50 coins per block and a total of 21 million coins, but instead of SHA-256 the coin uses Blake-256 algorithm. The block target time is 1/4 of Bitcoin’s to account for extra hashing speed of Blake-256. The difficulty retarget is at 8064 blocks and the reward halving every 210,000 blocks. The difficulty adjustment is also same as per Bitcoin. BLAKE hash is one of the five hash functions in the final of the NIST SHA-3 Competition. BLAKE is one of the simplest designs to implement, and relies on previously analyzed components: the HAIFA structure and the ChaCha core function. What is the most interesting thing about BlakeBitcoin is that it is merge mined with multiple other Blake-256 crypto coins.

Website
– BlakeBitcoin

Block Explorer / Crawler
Not Yet Available.

SPECIFICATIONS

  • Blake-256 (optimized) is faster than Scrypt, SHA-256, Keccak, Groestl
  • Block award is 50
  • Block reward halve every 210,000 blocks
  • Block target time is 2.5 minutes
  • Re-targets every 8064 blocks
  • 21 Million total coins
  • Block maturity 120

DOWNLOADS
– Windows
– Linux

Source Code
– at GitHub

PORTS

  • RPC Port: 243

MERGED MINING POOLS
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/
– http://la1.blakecoin.com/

EXCHANGES
– Atomic Trade

Merged Mining of Blakecoin (BLC) and Photon (PHO) Now Available

6, May 2014

blake-256-blc-pho-merged-mining-pool

Blakecoin (BLC) and Photon (PHO) are two crypto currencies based on the Blake 256 algorithm and there are already two pools available where you can do merged mining of the two coins. The work on adding merged mining for Blake-256 algorithm coins has been going on for some time by the developer of the Blake-256 algorithm and it seems that he has finally been able to make things work properly.

Blake-256 Algorithm GPU miners:
– Cgminer 3.7.2 with Blake-256 support for AMD
– Cgminer 3.1.1 with Blake-256 support for AMD
– CudaMiner with Blake-256 support for Nvidia
– ccMiner with Blake-256 support for Nvidia

Pools for Merged Mining of Blakecoin and Photon:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/
– http://la1.blakecoin.com/

Exchanges for trading Blakecoin and Photon:
– Atomic Trade

Do note that the merged mining pools listed above are still in beta and there could still be some small issues, though our initial testing has shown that they are running pretty well already. Hopefully the availability of merged mining pools will boost the popularity of the Blake-256 algorithm and the coins that use it such as Blakecoin as they are indeed interesting.

Photon (PHO) Blake-256 based cryptocoin

21, Feb 2014

photon-blake-256-crypto

Photon (PHO) is a new alternative cryptocurrency using the Blake 256 Algorithm that is used for BlakeCoin (BLC). It is a new project designed to function well now and with future technology in mind. Photon is the second coin to use this unique design (modeled after Blake Coin) and may be merge mined in a pool with Blake Coin or other Blake 256 coins in the future. Currently almost every concurrency that exists cannot be merge mined in the same way Namecoin and others are with Bitcoin. Photon can be mined with the same modified miner for BlakeCoin GPU Miner that supports the Blake-256 algorithm.

Coins developers are working against each other instead of together right now. Photon is an attempt to change that. If you are digging in a mine for gold you would not leave silver, tin or other things of value around you would take them all. This is why Photon was created with the fast, light Blake 256 algorithm. This is the future. Scrypt coins cannot be merge mined. Most SHA 256 D coins cannot be either.

The Blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin. The reward for mining Photon does Not decrease over time, instead it increases with block height and difficulty. There are no restrictions on any platform as Photon does not include artificial *Security* or *Resistance* that reduce mining hash rate and power efficiency. The Photon network hashrate is currently over 200 GHS and continues to grow, so there is a interest from users apparently even though there aren’t big pools or exchanges for PHO yet.

Website
– http://photoncoin.org/wp/

Block Explorer / Crawler
– http://162.243.101.139:2750/

SPECIFICATIONS

  • Blake-256 – faster than Scrypt, SHA-256D and Keccak
  • Each Block award is 32768 + inflation (square root of (difficulty * block height))
  • No reduction of block reward
  • Cap in place to reduce difficulty jumps upward
  • Block target time is 3 minutes and retargets every 20 blocks
  • Total of 90,000,000,000 coins
  • Block maturity 120

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 8494

POOLS
– http://photon1.blakecoin.com/

Merged Mining Blakecoin + Photon Pools:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/

EXCHANGES
– Atomic Trade


top