ANNOUNCING

EmbargoCoin
SHA256 based Crypto Currency
Slow moving blockchain

RELEASE DATE: May/9/2014  15:00 UTC  11AM EDT

This coin is under an EMBARGO!  20 minute block times as the blocks have to break through the Embargo to be rewarded.  220 blocks for coin creation (3 days for coin creation) as the blocks slowly find their way around the Embargo.  5 confirmations for all other transactions.

Specifications

No Premine
Block Target: 20 minutes
Difficulty retargets every 1 block using KGW (Patched)
Ports: RPC: 11971 P2P 11973

Block Rewards
The block rewards start low (50 EBG) as the Trade Sanctions are pretty tight at the launch (and to have a fair launch).  Trade sanctions start loosening on the coin every 251 blocks (every 3.4 days) and coin reward goes up by 50 until block 2268 (31.5 days from launch) when max coin reward of 500 is reached at which point Trade

Sanctions start increasing on the coin every 6480 blocks (Approximately every 90 days) cutting the reward in half until we go into a Full Embargo and only 1 coin is created every block.
Blocks 1-251 - 50 EBG
Blocks 252-503 - 100 EBG
Blocks 504-755 - 150 EBG
Blocks 756-1007 - 200 EBG
Blocks 1008-1259 - 250 EBG
Blocks 1260-1511 - 300 EBG
Blocks 1512-1763 - 350 EBG
Blocks 1764-2015 - 400 EBG
Blocks 2016-2267 - 450 EBG
Blocks 2268-8747 - 500 EBG
Then Trade Sanctions (halving) every 6480 blocks (Approx every 90 days) at block 60588 reward stays at 1 EBG indefinitely.

Coins mined per year:
Year 1: 6,523,887.5
Year 2: 491,847.6563
Year 3: 36865.59375
Inflation per year afterwards: 26,298

Downloads
Multiple download links available for each wallet.

Windows Wallet

https://mega.nz/#!uNwGEBbQ!5TRpPAga7kIN-ROqBkycIvFPq9Vai-YRvp7-OnwAMck



Mac Wallet

https://mega.nz/#!fMhlBBBD!yP4wGA1tldl46jANddF_zohwZdTZA5I6uLZp3NY5LJ4


Ubuntu Wallet

https://mega.nz/#!bEoVkCRb!5qG1p_wFJ3EnUED7hk0dPvzbDJ1wUtwEx1FOhVwxP5Q


Source

https://github.com/Embargocoin/Embargocoin

Web site
http://www.embargocoin.com

IRC
Freenode #EmbargoCoin

Twitter
@EmbargoCoin

Pools
(POOL OPERATORS BE SURE TO SET YOUR NETWORK CONFIRMATION SETTINGS TO 220 FOR COIN CREATION)
http://ebg.cryptoadhd.com


Exchanges

Cryptopia

Links
 Block Explorer - http://explorer.cryptoadhd.com/chain/Embargocoin
CryptoCoinTalk Thread - https://cryptocointalk.com/topic/11002-embargocoin-ebg-information/

Services
CRYPTOCURRENCY MARKET CAPITALIZATION & STATISTICS - http://www.cryptocoinrank.com/Embargocoin