Posts Tagged ‘QCN mining’

QuazarCoin (QCN) CryptoNight-based alternative cryptocoin

20, May 2014

quazarcoin-logo

QuazarCoin (QCN) is the new generation of cryptocurrency which is based on the CryptoNote protocol and uses the CryptoNight algorithm. The CryptoNight algorithm is the most democratic today, fully ASIC-resistant and only CPU-mineable. QuazarCoin was launched May 8, 2014 after discussion in the community, without premine or instamine. QuazarCoin protects your data and privacy through unlinkable transactions with ring signatures. The main concern of QuazarCoin is usability optimization.

Website:
– http://www.quazarcoin.org/

Block Explorer:
– http://chainradar.com/qcn/blocks

Coin Specifications

  • CryptoNight Algorithm
  • Total coins supply: ~18,446,744 QCN
  • Flatter emission curve; 50% QCN will be emitted in 6 years
  • Block reward decreases according to the formula (264 – 1 – A)*2-21*10-12 where A = supply mined to date
  • 120 sec blocks
  • Confirmations: 60
  • Difficulty retargets every block

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 23081
– P2P Port: 23080

Mining Pools:
– MinerGate
– http://qcn.cryptity.com/
– http://quazar.xminingpool.com/

Coin Exchanges:
– HitBTC


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