Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: altcoin on February 12, 2014, 04:13:05 PM



Title: [ALT][EXCHANGE] ALTCOIN is on exchange
Post by: altcoin on February 12, 2014, 04:13:05 PM
ALTCOIN (https://bitcointalk.org/index.php?topic=459028) is on exchange now:

https://www.newaltex.com/exchange/alt_btc, thanks to Lubliana777, https://bitcointalk.org/index.php?action=profile;u=176702

Come to support ALTCOIN please.

The ANN thread is here: https://bitcointalk.org/index.php?topic=459028
ALTCOIN has the following features:
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Symbol :  ALT
Max Coins: 4294967296 (2^36) altcoins.
Block time: 1 minutes
Subsidy halves every 131,072 ( 2^17) blocks (~3 moths)
Difficulty Re-Target Time:  18 minutes
Block Rewards: Random block rewards as shown in the following table:

block number

| Block No.                              | Reward       |   |
|----------                              |--------------|---|
| 1          to 131072                   | rand[1,256]  |   |    (2^8)
| 131073  to 262144                      | rand[1,128]  |   |    (2^7)
| 262145  to 524288                      | rand[1,64]   |   |    (2^6)
| 524289  to 1048576                     | rand[1,32]   |   |    (2^5)
| 1048577 to 2097152                     | rand[1,16]   |   |    (2^4)
| .................                      | .......      |   |


random up range halves every 131072 blocks (about 3 months)
minimum block reward is 1 ALT

Auto connect to ALTCOIN network without config.

Port: P2P 32767, RPC 32768