Posts Tagged ‘ZET mining’

Zetacoin (ZET) SHA-256 based cryptocoin

28, Jan 2014

zetacoin-sha256-crypto

Zetacoin is an open source crypto-currency based on Bitcoin. It has faster transaction times and faster difficulty adjustments. Initial coin mining is 160 million coins, thereafter a yearly inflation of 1 million coins. Zetacoin is 20x Faster than Bitcoin, making it one of the fastest for transactions among digital currency and thus perfect for real-world commerce and trade.

Website
– Announcement at Bitcointalk

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

SPECIFICATIONS

  • SHA-256 Algorithm
  • Based on latest Bitcoin 0.8.99 source
  • Block target: 30 seconds (20x Bitcoin)
  • Difficulty retargets every 4 blocks based on last 90 blocks (Quick difficulty readjustment)
  • Block reward: 1000 ZET, halving every 80640 blocks (about 1 month), not dropping below 1 ZET (inflationary)
  • Total coin supply: 160 million ZET + small yearly inflation
  • 160 million coins will be mined in around first year
  • Thereafter around 1 million per year (inflationary). This small inflation is a better incentive to keep the network hashing than purely transaction fees.

DOWNLOADS
– Online Wallet
– Windows
– Mac
– Linux

Source Code
– at GitHub

PORTS

  • RPC Port: 17335
  • P2P Port: 17333

POOLS
– https://www2.coinmine.pl/zet/
– https://www.multipool.us/
– http://zet.ispace.co.uk/

EXCHANGES
– Coinegg
– Yobit


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