Posts Tagged ‘I/O Coin mining’

I/O Coin (IOC) X11-based alternative cryptocoin

15, Jul 2014

iocoin-logo

I/O Coin (IOC) is a digital currency released in early July of 2014. After the initial mining period “Proof Of Work” phase there were approximately 16 million coins minted. Just like any currency (Dollar, Euro) I/O Coin has a real world value. This value is based on the latest trades on digital currency exchanges. You also earn interest on the coins you hold in your wallet, by allowing them to ‘stake’, Staking helps secure the network. In turn, users are rewarded with a small unit of a coin for the length of time the wallet is open and staking. We have a highly skilled team of developers, who have created our own Proof of Stake system ‘PoS I/O, HTML5 wallets, DIONS decentralized usernames allowing to send coins easily via a registered username and Android Mobile wallet with a Point of Sale feature, not seen with any other digital currency.

Website:
– http://iocoin.io/

Block Explorer:
– https://chainz.cryptoid.info/ioc/

Coin Specifications

  • X11 Algorithm PoW + PoS
  • Total coins: 16.000.000 after PoW, total 22.000.000 IOC
  • PoW Ends After: Approximately 7 days
  • Block Target Time: 60 Seconds
  • BLock Reward: Block 1-30: 625 coins, Block 30-12815: 1250 coins
  • PoS Interest Rate: 1-3% Dynamic Annual Compound Interest
  • PoS Min Coin Age: 8hr

Wallet:
– Windows
– Mac OS
– Android

Source Code:
– at GitHub

Ports:
– RPC Port: 33765
– P2P Port: 33764

Mining Pools:
No pols available, the coin is now PoS only.

Coin Exchanges:
– Bittrex
– Yobit


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