Posts Tagged ‘CryptoNight crypto’

DigitalNote (XDN) CryptoNight-based alternative cryptocoin

6, Jun 2015

digitalnote-logo

DigitalNote (XDN) is a cryptocurrency, a kind of decentralized digital money, like Bitcoin. It is based on CryptoNote anonymous technology and updated with unique untraceable encrypted messaging system and blockchain based deposits. Nobody owns or controls DigitalNote, it uses peer-to-peer technology and fair ASIC-resistant PoW mining process to operate with no central authority.

DigitalNote provides instant worldwide privacy protected transactions and untraceable encrypted messaging transfers with almost zero processing fees in decentralized peer-to-peer users network. Mathematics secures the XDN network and empowers individuals to control their own finances and information. Your private key is your bank account, with no censorship and surveillance. Freedom exist. Formerly known as DarkNote (XDN) as well as duckNote (XDN) and darkNote (XDN).

Website:
– http://digitalnote.org/

Block Explorer:
– http://chainradar.com/xdn/blocks

Coin Specifications

  • CryptoNight Algorithm
  • Maximum XDN number: 8 589 869 056 XDN
  • Block reward: 150 XDN
  • Libertarian XDN supply with ASIC resistant mining
  • Deposit interest rate: 0.4 to 1.094% annual
  • Block target time: 4 minute
  • Minimum transaction fee: 0.001 XDN

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Mining Pools:
– MinerGate
– http://darknote.miner.center/
– http://xdn.poolto.be/

Coin Exchanges:
– Bittrex
– HitBTC

MonetaVerde (MCN) CryptoNight-based alternative cryptocoin

19, Jun 2014

monetaverde-logo

Deflation is a very serious problem for all cryptocoins because it prevents them from being used as payment mean. For most coins block reward decreases in time and this increases deflation rate. For PPC-derived coins (PrimeCoin etc) the problem is even worse as soon as they offer difficulty-based block reward formula that makes block reward inversly proportional to difficulty (i.e. difficulty goes up and block reward goes down). I consider both practices to be counterproductive. Moneta Verde (MCN) is the first cryptocoin with blockreward increasing together with difficulty. Why this is a good idea?

1. Money supply goes up with difficulty increase. As soon as difficulty increase usually happens due to an increased demand this will lead to money supply being dependent on demand. This way MCN will has a slower deflation rate than other coins.

2. Instamine is now useless because block reward is close to zero on low difficulty blocks. This will give us a better coins distribution.

Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice. This rate looks to be reasonable.

Website:
– http://monetaverde.org/

Block Explorer:
– http://chainradar.com/mcn/blocks

Coin Specifications

  • CryptoNight Algorithm
  • Block_reward = log2(difficulty) * 2^40(difficulty)
  • 60 second block times
  • Difficulty retarget every block
  • Merged mining with Monero, QuazarCoin, Bytecoin or any other CryptoNight-based coin

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Mining Pools:
– MinerGate

Coin Exchanges:
– Bleutrade
– Yobit

QuazarCoin (QCN) CryptoNight-based alternative cryptocoin

20, May 2014

quazarcoin-logo

QuazarCoin (QCN) is the new generation of cryptocurrency which is based on the CryptoNote protocol and uses the CryptoNight algorithm. The CryptoNight algorithm is the most democratic today, fully ASIC-resistant and only CPU-mineable. QuazarCoin was launched May 8, 2014 after discussion in the community, without premine or instamine. QuazarCoin protects your data and privacy through unlinkable transactions with ring signatures. The main concern of QuazarCoin is usability optimization.

Website:
– http://www.quazarcoin.org/

Block Explorer:
– http://chainradar.com/qcn/blocks

Coin Specifications

  • CryptoNight Algorithm
  • Total coins supply: ~18,446,744 QCN
  • Flatter emission curve; 50% QCN will be emitted in 6 years
  • Block reward decreases according to the formula (264 – 1 – A)*2-21*10-12 where A = supply mined to date
  • 120 sec blocks
  • Confirmations: 60
  • Difficulty retargets every block

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 23081
– P2P Port: 23080

Mining Pools:
– MinerGate
– http://qcn.cryptity.com/
– http://quazar.xminingpool.com/

Coin Exchanges:
– HitBTC


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