Posts Tagged ‘Proof of Stake’

Xiaomicoin (MI) Scrypt-based alternative cryptocoin

24, Apr 2014

xiaomicoin-logo

Xiaomicoin (MI) is a mixed POW/POS cryptocurrency which will be POW for the initial 7 days and pure POS after that. This Cryptocurrency was built for the community and by the community. We fully intend to implement the best practices, safe, fast, and secure transactions. Using the Kimoto Gravity Well, assures, that this coin is as fair as it is beautiful & practical. There are plenty of pump and dump coins out there. We simply do not believe in this get rich fast attitude. We are developing an Android game that will reward XiaoMiCoin to Top Scores once per hour, with weekly, or even monthly Top Score Bonus’s. Use XiaoMiCoin Today, a Peer-to-Peer Digital Cryptocurrency.

Website:
– http://www.xiaomicoin.org/

Block Explorer:
– http://xiaomicoin.mywallet.link/

Coin Specifications

  • Algorithm: Scrypt POW/POS
  • Total Coins: 400,000,000 MI
  • Mined Block Confirmation: 50
  • Transaction Confirmation: 3
  • Nominal Stake Interest: 3.65% Annually

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 16889
– P2P Port: 16789

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

Coin Exchanges:
– C-Cex

Bitstar (BITS) Scrypt-based alternative cryptocoin

20, Apr 2014

bitstar-logo

Bitstar (BITS) is a digital savings currency offers an alternative to Bitcoin, in that the coin network is secured by the process of your wallet balance “staking” or, in traditional banking terms, earning interest. Simply deposit coins into your official Bitstar wallet and after 24 hours they will start earning interest, which you will see being deposited into your wallet by the network. The wallet offers a number of advanced features and integrated services, but can be used very easily as a simple way for you to hold your coins and become more familiar with the additional functions at your leisure.

Website:
– http://bitstarcoin.com/

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

Coin Specifications

  • Scrypt Algorithm PoW + PoS
  • Total PoW+POS coin supply: 54.25 million (PoW ended May 2014 at 15 million)
  • 124 coins per block
  • POS interest: currently 25%, going down to 10% and 1% annually (35% for 1st year)
  • Only 4 confirmations for a transaction
  • 80 confirmations for blocks to mature
  • 24 hour PoS staking
  • 3% initial premine for development, bounties and charity

Wallet:
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 62124
– P2P Port: 62123

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

Coin Exchanges:
– Yobit
– Bittrex

EnergyCoin (ENRG) alternative cryptocoin

1, Mar 2014

energycoin-logo

EnergyCoin (ENRG) is a pure PoS coin which generates coins through PoS blocks. Except the first block where it generates the initial 101 million coins, no PoW mining will get any coins. All every person has to do is post it on our facebook, twitter or reddit page, and add a signature to btctalk profile. After distribution is over energycoin is mineable by simply running your wallet. Thus a huge mining cost of hardware and millions of electricity costs are saved.

EnergyCoin also adopts a variable PoS rate with the following annual interest rate: Year-1: 10% Year-2: 8% Year-3: 6% Year-4: 4% Year-5: 2% Year 6 has only 1% of annual interest. 30 seconds block time to make sure network is stable and fast at the same time -Difficulty retarget is based on each block ensures to keep the difficulty logical -Scarce but not too scarce to be uninteresting or not usable. 101 million coins in distribution and interest values were decided to make sure the coin retains its value

Website:
– Announcement at Bitcointalk

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

Coin Specifications

  • Scrypt POS/PoW Hybrid (No PoW Reward)
  • Max Coins: 110 Million and yearly interests
  • Year 1: 10% interest, 8%, 6%, 4%, 2% and then down to 1 % each year after that
  • Block Time: 30 seconds
  • Confirmations: 3 to confirm tx
  • Stake age: minimum 1 day to stake coins
  • Transaction confirmation time: 6 blocks or ~9 minutes
  • Block maturity time: 100 blocks or ~2 hours
  • Premine: 100% given away free to bitcointalk members

Wallet:
– Online Staking Wallet
– Windows
– Android

Source Code:
– at GitHub

Ports:
– RPC Port: 22706
– P2P Port: 22705

Mining Pools:
No pools available, PoS only coin.

Coin Exchanges:
– Crex
– Bittrex


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