Posts Tagged ‘BLC trading’

New Crypto Currency Exchange that Tries to Build a Trading Community

21, Feb 2014

atomic-trade-crypto-currency-exchange

Atomic Trade is a relatively new and still not that big crypto currency exchange that has a bit different approach compared to other traditional crypto trading websites. Here you are stimulated to be active on the exchange in various ways and you get rewards for being an active member, including using the chat functionality of the exchange. And unlike other chats on crypto exchanges that are essentially trollboxes with not much of useful or helpful information, on Atomic Trade you can actually find some help and useful information from other members. You can even meet and talk with the exchange admin as well as some pool operators all while you are trading some crypto coins on the exchange itself.

The crypto currency exchange Atomic Trade does support trading of multiple currencies, including some newer and not so popular that you can hardly find on other decent exchanges. Among the standard BTC and LTC trading here you can also trade XPM, FTX, WDC, BLC, HBN, PXL, LOT, MED, FRK, SKC, UNO, VTC and ATP. We have discovered the Atomic Trade exchange while looking for good exchange for trading BlakeCoin (BLC) and since that we kind of liked it a lot and started trading other cryptos there as well. The ATP or Atomic Trade Points are the so called bonus points that you get while trading and generally being active on the exchange in various other ways, but the interesting thing with these is that aside from trading them on the exchange for BTC, while they are in your account balance they bring you profit from the trading fees collected by the exchange. So in a way the ATP are something like shares in the exchange that bring you dividends, and every 6 hours you get your bonus based on the amount of ATP you currently have in your balance. We really like the community that is forming at the Atomic Trade and would definitely recommend you to try it out, especially if you are trading alternative crypto coins such as BlakeCoin (BLC) among others.

– For more information and to try out the Atomic Trade crypto currency exchange…

Blakecoin (BLC) Blake-256 alternative cryptocoin

17, Feb 2014

blakecoin-alternative-crypto

Blakecoin is a experimental cryptographic digital currency that enables payments to anyone, anywhere in the world. Blakecoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing coins are carried out collectively by the network.

Blakecoin (BLC) uses Blake-256 (optimized) faster than Scrypt, SHA-256D and Keccak algorithm and thus provides much faster hashrate from the same hardware as compared to the other alternatives. The algorithm was written as a candidate for SHA-3, based on round one candidate code from the Sphlib 2.1 library and reduced the round function to 8 rounds. BLC can currently be mined with both CPU, GPU and FPGA, though GPU mining is the best option at the moment for AMD graphics card owners. Blakecoin (BLC) requires a special miner software!

The Blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin. So for example with a Radeon R9 280X you can expect to get a hashrate of about 2-2.5 GH/s or more when mining Blackecoin. The reward for mining Blakecoin does Not decrease over time it only increases with block height and difficulty. Block reward is 25 coin + inflation (square root of (difficulty * block height)) and the total of 7 Billion coins will be mined.

Website
– http://www.blakecoin.org/

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

SPECIFICATIONS

  • Blake-256 (optimized) Algo, faster than Scrypt and SHA-256D
  • Block reward is 25 coin + inflation (square root of (difficulty * block height))
  • No reduction of block reward
  • Cap in place to reduce the difficulty jumps upwards
  • Block target time is 3 minutes and retargets every 20 blocks
  • Total of 7 Billion coins
  • Block maturity 120 (+20 buffer 140 Total)

DOWNLOADS
– Windows
– Linux
– Mac

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

Source Code
– at GitHub

PORTS

  • RPC Port: 8772

POOLS
– http://cg1.blakecoin.com/
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/
– http://la1.blakecoin.com/

EXCHANGES
– Atomic Trade


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