Posts Tagged ‘IRL mining’

IrishCoin (IRL) Scrypt-based alternative cryptocoin

19, Jun 2014

irishcoin-logo

IrishCoin (IRL) is a similar to Bitcoin – a de-centralised digital currency, with a focus though predominantly for the Irish tourist sector. We are not striving to replace the Euro or create a new currency. We are instead using the same peer-to-peer crypto currency system as a vehicle to aid and promote the Irish tourism industry among the Irish diaspora in the US, Ireland, and globally. This uniquely sets IrishCoin out differently among the plethora of crypto currencies developing as alternatives to the money system you are used to.

Reserve IrishCoin of 7 percent of the currency will be distributed directly through global organizations, companies and and ventures connected to the Irish tourism industry. IrishCoin distribution will start initially with take up from online Irish social networks like Liveireland.com with over 12,000 US and Irish members eligible to download digital wallets with IrishCoin. Negotiations are already in place with numerous other global Irish networks and we will be publishing more going forward. IrishCoin will also be distributed to businesses as a discount token on purchases where IrishCoin is accepted.

Website:
– http://irishcoin.org

Block Explorer:
– http://block.irishcoin.org:2750/chain/Irishcoin

Coin Specifications

  • Scrypt Algorithm
  • Block reward: 100 IRL halving every 320000 blocks (about 18 months)
  • Total coin mined: 64 million IRL
  • 64 million coins will be mined in approx. first 7 years
  • Block Target: 120 seconds
  • Difficulty Re-Targets every 4 blocks based on last 90 blocks (Quick Difficulty Readjustment)
  • Transaction Confirmations Needed: 6
  • Premine: 4.5 Million IRL (Dedicated To Tourism Industry)

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 12372
– P2P Port: 12375

Mining Pools:
– http://irl.cryptoadhd.com/
– http://irl.mega-hash.com/

Coin Exchanges:
– Bleutrade


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