Posts Tagged ‘Proof of Stake’

FuelCoin (FUEL) X11-based alternative cryptocoin

29, Jun 2014

fuelcoin-logo

FuelCoin (FUEL) is a new alternate currency aimed at providing a stabilizing store of value and unit of exchange while simultaneously spreading awareness of virtual currencies to the general public and educating them via a grassroots campaign we call “The Matrix.” FuelCoin can be used to buy any product or service that accepts it. Along with Trading, donating to charity, transferring funds domestically and internationally. FUEL is already mined completely, so no PoW mining is available, but you can stake any coins you own thanks to the PoS with 2% annual interest rate.

Website:
– http://fuelcrypto.com/

Block Explorer:
– https://www.blockexperts.com/fc2

Coin Specifications

  • X11 Algorithm, PoS only coin
  • Total Coins: 100 Million FUEL
  • Fully premined for re-distribution
  • Annual Interest Stake: 2% for PoS

Wallet:
– Windows

Source Code:
– at GitHub

Mining Pools:
No mining available, fully mined at launch and now PoS only coin.

Coin Exchanges:
– Bittrex
– Bleutrade

VeriCoin (VRC) Scrypt-based alternative cryptocoin

13, May 2014

vericoin-logo

VeriCoin (VRC) is an innovative and intuitive currency, that features it’s own protocol. Launched in May of 2014, VeriCoin is a Proof-of-Stake-Time currency with a disinflation targeted interest rate which is dependent on the degree of staking. Stake-Time is a new proof that favors both number the number of coins held and how often they are staked. Together these features make VeriCoin top in security and incentive. Launched in May, VeriCoin is a proof-of-stake altcoin that features a variable interest rate which fluctuates depending on how many coins are staking. As more coins are used to stake and support the network, the interest rate climbs.

The Proof of Stake-Time (PoST) the VRC uses now is a novel approach to forming a consensus by introducing a stake-time component, where the probability to stake decreases over time. This better incentivizes staking and enhances the security of the network. It also enhances the decentralization of the consensus, well beyond current standards. The practical range of disinflation is between 1.5-2.5% and the practical range of interest is between 2-10%.

Website:
– http://www.vericoin.info/

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

Coin Specifications

  • Scrypt Algorithm PoW + PoS
  • 2500 Coins For Each Mined Block
  • Block Time: 1 minute
  • Difficulty Retarget Each Block
  • PoW Phase: Ended at Block 20160, Minted 26,751,452.35 VRC
  • Proof-of-Stake-Time: Disinflation Targeted Interest
  • Min Stake Time: 8 hours, No Max Stake Time or Amount
  • Minimum Transaction Fee: 0.0001 VRC (Paid to Stakers)
  • Confirmations: 10, Maturity: 500

Wallet:
– Online Staking Wallet
– Windows
– Lunux
– Mac OS
– Android

Source Code:
– at GitHub

Ports:
– RPC Port: 58683
– P2P Port: 58684

Mining Pools:
No mining pools, the coin is currently PoS only.

Coin Exchanges:
– Bittrex
– Livecoin
– CoinEgg

Europecoin (ERC) X11-based alternative cryptocoin

5, May 2014

europecoin-logo

Europecoin (ERC) is a fast, secure and innovative PoW/PoS cryptocurrency. Two weeks of PoW mining using X11 algorithm and then high stake interest PoS stage. Coin Control feature, Stabilization Fund, Sure long term investment. The only cryptocoin with Quote Fidelity Interest Program.

Website:
– http://www.europe-coin.com/

Block Explorer:
– http://erc.explorer.bitnodes.net/

Coin Specifications

  • X11 Algorithm
  • PoW Block Reward: 100, 1000, 10000 ERC ascending in the first week; 5000 ERC stable the second week
  • 60 seconds block target
  • Difficulty retargets every block
  • PoS variable interests: 1st week: 2.5%, 2nd week: 10%, 3rd week: 15%, 4th week and the rest of the 1st year: 5%, reduces further by 1% for the next years
  • Total coins will be 384’000’000 ERC (384M)
  • Total coins available in the PoW phase: 137’632’000 ERC
  • Coin Control feature
  • 1% premine for IPO

Wallet:
– Windows

Source Code:
– at GitHub

Ports:
– RPC Port: 2000
– P2P Port: 2828

Mining Pools:
No mining pools available, the coins is PoS only.

Coin Exchanges:
– Crex
– Bleutrade


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