Bitcoin Forum

Specifications
Algorithm: Scrypt
Block Time: 20 seconds  - Enough time to minimize orphans but still provide almost instant transactions.

Difficulty: Starts at 0.00024414 - It will take 6-8 difficulty adjustments (or ~13000 blocks) to reach desired difficulty of 1. It re-targets quickly to adjust to the environment, so stability should not be much of an issue. Miners should also find the system adjusts fast enough to be up to date, but not so fast as to make the environment unpredictable and unstable.  6 hours is target time. Every 1080 blocks(6 hours @ 20 seconds per block), the network scales the difficulty accordingly. Example: If target is 6 hours and it took 3 hours to find 1080 blocks, difficulty will increase 200%.

Reward: 20 coins per block, halved every 3 years - Consistent rewards encourage miners to support the network long term. Loyalty is rewarded. This also reduces volatility by setting the foundation on a stable path. Due to the fair launch policy, block rewards will grow in value until they reach the 20 coins per block reward. More details below. 4730400 blocks total.

Coin cap: 200 million.
Block confirmations: 5.

Fair Launch
Block
1080 -  Difficulty up until here is 0.00024414. Block reward of 2.
2160 -  Difficulty up until here is 0.00024414. Block reward of 1.
3240 -  Difficulty up until here is 0.00097656. Block reward of 2.
4320 -  Difficulty up until here is 0.00390624. Block reward of 5.
5400 -  Difficulty up until here is 0.01562496. Block reward of 8
6480 -  Difficulty up until here is 0.06249984. Block reward of 11.
7560 -  Difficulty up until here is 0.24999936. Block reward of 14
8640 -  Difficulty up until here is 0.98165069. Block reward of 17.

Difficulty will then rise to 1 and the block rewards to 20. The purpose of this is to give a period of time for miners to know about digitalcoin before others can mine too much of it and cause hoarding. The figures above can shift depending on the hash power of the network to smooth the difficulty rise to ~1 level