Posts Tagged ‘scrypt mining’

Cryptogenic Bullion (CGB) Scrypt based cryptocoin

18, Jan 2014

cryptogenicbullion-scrypt-coin

With Bitcoin gaining wider adoption as a currency across the globe, businesses not adapting to this development risk missing out on potential revenue streams. But once a business, large or small, joins the Bitcoin economy, it faces misallocation of risk. In particular, given Bitcoin’s still maturing market, businesses are susceptible to price volatility, which can stress balance sheets. So a common question many businesses will ask is how to hedge against the inherent risks of adopting Bitcoins. Cryptogenic Bullion, a virtual commidity-currency, aims to answer such a question.

A fork of the virtual currency Peercoin, Cryptogenic Bullion (CB) was designed to be a rare, interest bearing, peer-to-peer virtual commodity with the currency characteristics similar to Bitcoin. It maintains the same features as Bitcoin: decentralization, anonymity, and low fees. But it also has some differences: accelerated decrease of the mining subsidy and 2% annual interest eligible for coins which have been stationary in a user’s wallet for at least 30 days. The mining subsidy is the reward from the Proof of Work (PoW) scheme that fortifies Bitcoin. Moreover, the 2% annual interest is as result of the Proof of Stake (PoS) scheme, which increases the security of the block chain against 51% attacks.

The mining subsidy is initially set to 10 CB per block and is halved every 50,000 blocks. This will continue until reaching a block reward floor of 0.01 CB. By this time there will be approximately one million CB in existence, and the 0.01 CB block reward will equate to about 0.5% annual inflation.

Website
– https://cryptogenicbullion.org/

Block Explorer / Crawler
– http://explorer.cryptogenicbullion.org:2750/chain/CryptogenicBullion

SPECIFICATIONS

  • Proof of Work/Proof of Stake Hybrid
  • Scrypt Algorithm
  • Linear difficulty retarget (every 2 blocks)
  • 5 Confirms
  • 60 Second block time
  • 10 Bullion per block (1st 55k blocks)
  • ~2% Annual PoS
  • Subsidy halving after every 50k blocks until reward of ~0.01 is reached were it will remain forever
  • ~1,000,000 CryptogenicBullion with 0.5% annual inflation

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • P2P Port: 7695
  • RPC Port: 8395

POOLS
https://www.multipool.us/
http://cgb.theblocksfactory.com/
http://cgb.smalltimeminer.com/

EXCHANGES
– Bleutrade

Cryptobuck (BUK) Scrypt based cryptocoin

18, Jan 2014

cryptobuck-scrypt-coin

This moment was chosen to represent the economic and social contributions of all the crypto workers. We will continue to support the Crypto Community by joining a Rock Solid Team which uses CryptoBuck Currency. This marks the beginning of a new link, between Team CryptoBuck and You. Download and Install this QT Wallet and it will turn into a Reward called BUK’s. And also remember: CryptoBuck is “Valued More than a coin!”.

Website
– http://cryptobuck.com/

Block Explorer / Crawler
– http://cryptobuck.com/

SPECIFICATIONS

  • Scrypt Algorithm
  • POW/POS Advanced Scrypt Algorithm Hybrid Block Generator
  • Market Symbol = BUK
  • Wallet Prefix = 3
  • Max coin cap = 10,000,000 @ 3 Minute Blocks
  • Difficulty Adjustment = Linear (per block)
  • Transaction Messaging
  • Seed Node / addnode  = 69.85.86.195
  • Proxy TOR hidden services
  • UPNP  and  IRC
  • SSL JSON RPC Connections
  • 480 blocks each day
  • ~70 days will be each transition in the reward system
  • 3 Minute Blocks
  • 30 Block Minted Maturity
  • Proof of Stake Reward (POS) – 3% at 30 days maturity – providing added security

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • P2P Port: 12888
  • RPC Port: 13888

POOLS
http://pool.cryptobuck.com/

EXCHANGES
– Bter

Craftcoin (CRC) Scrypt based cryptocoin

18, Jan 2014

craftcoin-scrypt-coin

CraftCoin (CRC) is a cryptocurrency based on Litecoin. CraftCoin was designed to be a portable in-game currency for Minecraft servers. The currency is used to buy in-game items on minecraft servers, and can be instantly transferred to any other Minecraft server that supports CraftCoin. Best of all it is absolutely free for anybody to use for private and commercial use.

Website
– http://craftcoin.net/

Block Explorer / Crawler
– http://crc.cryptocoinexplorer.com/

SPECIFICATIONS

  • Distribution: PoW
  • Algorithm: Scrypt Algorithm
  • Total coins: 100000000 CRC (100 Million)
  • Premined: ~1000 Blocks? (I forget exactly)
  • Block Reward: 10 CRC
  • Block Time: 5 Minute
  • Retarget: 288 blocks (~1 day) Checks 4 days into history for target setting
  • Trade Confirms: 6 blocks

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • P2P Port: 12124
  • RPC Port: 12123

POOLS
http://e-pool.net/
http://crc.minar.cc/
http://craft.minecryptocoins.org/
http://crc.awesomemining.co.uk/

EXCHANGES
– Bleutrade


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