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Other => Beginners & Help => Topic started by: basecoin on September 07, 2013, 03:11:30 PM



Title: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine
Post by: basecoin on September 07, 2013, 03:11:30 PM

[ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine

BaseCoin - The Coin build up the whole world.

Basecoin - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features Florincoin (transaction message).

Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.

Basecoin provides annual interest rate of 0.01%, for stakes that are not moved.

Specifications:
   - POS+POW
   - Each normal block has 1 Basecoin
   - 1 minute block time
   - Daily generation is 1440 coins, basecoin is really a rare coin.
   - Difficulty retargets every block
   - mining payout will be stable all over the lifecycle of Basecoin
   - Expected total mined coins will be 6000000 Basecoins
   - 4 confirmations for transaction
   - 50 confirmations for minted blocks
   - Support transaction message
   - Diff start at 0.01
   - The default ports are 21206(Connect) and 21207(RPC).



Official Website:
Under construction


Download:
Windows QT:
https://app.box.com/s/t15um5nlqa750wmfk9au


Source code:
https://github.com/basecoin/basecoin


Getting Started:

1. Start up Basecoin.exe, wait for it to load, then exit.
2. Put Basecoin.conf (see sample file below) in your c:/users/**yourcomputername**/AppData/Roaming/Basecoin
3. restart Basecoin-qt, and you should connect and sync.
4. For solo mining, use the mining page in Basecoin.exe and begin mining.

Sample Basecoin.conf:
Code:
listen=1
daemon=1
server=1
rpcuser=***rpcuser***
rpcpassword=***rpcpassword***
rpcport=21207
addnode=216.24.205.232



Mining:
Solo mining:
- setup Basecoin.conf in %appdata%/Basecoin
- fill Basecoin.conf in the form of sample Basecoin.conf
- use cgminer in the Basecoin.exe to solo mine
      
Code:
cgminer.exe --scrypt -o http://127.0.0.1:21207 -u ***rpcuser*** -p ***rpcpassword***


Title: Re: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine
Post by: basecoin on September 07, 2013, 03:17:42 PM
Reserved for further development.


Title: Re: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine
Post by: x^2 on September 07, 2013, 05:03:43 PM
You shouldn't post in the newbie section


Title: Re: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine
Post by: digit on September 07, 2013, 05:46:38 PM
BEoddf1R2rvVMxGDJk2urtZoTJr4eBH3y6


Title: Re: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine
Post by: theofilos921 on September 16, 2013, 07:12:57 PM
nice coin to mine :D