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Posts Tagged ‘GRW exchnage’
Growthcoin (GRW) Scrypt based cryptocoin
24, Jan 2014
GrowthCoin (GRW) is a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features from Luckycoin (random blocks) and Florincoin (transaction message). Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake. GrowthCoin provides monthly interest rate of 5.95%, for stakes that are held during that period of time. This equivalent to an annual interest of 100%. PoS blocks will be generated if the stake are held for more than 5 days. There is a hard limit of 2 billion coins.
Website
– http://www.growthcoin.org/
Block Explorer / Crawler
Not Available.
SPECIFICATIONS
- Each normal block has 100 coins
- 45 seconds block time
- Difficulty retargets every block
- Mining payout will be halved every 3 months (or every 172,800 blocks)
- Expected total mined coins will be 37,368,000 coins
- 3 confirmations for transaction
- 50 confirmations for minted blocks
- Support transaction message
- Hourly random bonus block of 500-1000 coins (that is, 1/80 chance to get a bonus block).
DOWNLOADS
– Windows
Source Code
– at GitHub
PORTS
- RPC Port: 17178
- P2P Port: 17177
- Published in: Crypto Coins
- Related tags: Growthcoin, Growthcoin crypto coin, Growthcoin exchnages, Growthcoin info, Growthcoin mining, Growthcoin pools, Growthcoin trading, GRW, GRW exchnage, GRW info, GRW mining, GRW pool, GRW scrypt coin, GRW trading, scrypt, scrypt coin, scrypt crypto, scrypt mining