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Quotient (XQN) Scrypt-based alternative cryptocoin
12, Nov 2014
Quotient (XQN) Digital Financial Network is a high interest rate proof-of-stake decentralized crypto currency network. The total coins to be mined via proof-of-work mining using the Scrypt algoirthm, is taken from the golden ratio, an interesting number that some believe humans naturally seek out. Quotient offers a 1,618% annual interest rate, with a 618 coin cap on the stake reward per block. The reward cap encourages breaking unspent outputs into smaller units for a better distribution of coin weight and smoothing the effects of large wallets coming on and off of the network.
Quotient is released with two core purposes:
1. Provide a platform for evaluating the code optimizations we have implemented, particularly as regards maps and iteration.
2. Build features external to the wallet that bridge to the web and promote awareness and interest.
Website:
– http://www.quotientcoin.com/
Block Explorer:
– http://www.presstab.pw/phpexplorer/XQN/index.php
Coin Specifications
- Scrypt Algorithm
- 1,618,033 coins (proof-of-work)
- 1,618% PoS interest rate
- 618 coin cap on stake reward
- 61 second block spacing
- 161 blocks to maturity
- Min Coin Age 16 hours
- 1% Premine (16,180 coins) – so the developers are well fed
Wallet:
– Online Staking Wallet
– Windows
Source Code:
– at GitHub
Ports:
– RPC Port: 30997
– P2P Port: 30994
Mining Pools:
– https://xqn.suprnova.cc/
– http://xqn.coin-miners.info/
– http://xqn.binpool.com/
- Published in: Crypto Coins
- Related tags: Quotient, Quotient crypto, Quotient exchange, Quotient info, Quotient mining, Quotient pool, Quotient trading, scrypt, scrypt coin, scrypt crypto, scrypt mining, XQN, XQN exchanges, XQN info, XQN mining, XQN pools, XQN trading