Posts Tagged ‘Grain mining’

Grain (GRA) Scrypt based cryptocoin

24, Jan 2014

grain-scrypt-crypto

Grain (GRA) is a PoW/PoS coin that is designed to be the unit of cyber-coin. It has a total of 50 billion unit to be released, through a fair p2p mining process. It is fast, secure and have sufficient coins for circulation so it can be used in real daily shopping. Grain is from the family of PPCoin/Novacoin with latest available algorithms that fixed various problems in the PoW/PoS coins. As compared to the PoW only coins, the proof of stake coins are more resilient to 51% attack. Also it is a long term energy-efficient crypto-currency since not all coins are obtained by mining.

Website
– http://graincoin.webs.com/

Block Explorer / Crawler
– http://coinblockchain.com/grain/

SPECIFICATIONS

  • Scrypt Algorithm
  • 30 seconds block target
  • 1024-2048 grains per block for normal blocks
  • 8 times or 64 times the regular payout per block for super blocks depends on the number of 9s in the previous hash
  • Difficulty retargets every block
  • Mining payout will be halved every 90 days (259200 blocks)
  • Minimum payout per block 1 coin
  • Total grains will be 50 billions
  • 6 confirmations for transaction
  • 50 confirmations for minted blocks

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 11055
  • P2P Port: 11054

POOLS
– http://gra.forkpool.com/
– http://gra.livechains.net/

EXCHANGES
None available at the moment.


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