Paycoin is added to Cryptsy exchange. More at https://www.cryptsy.com/markets/view/92Paycoin is added to Coinex exchange. More at https://coinex.pw/trade/pyc_btcWhat is PayCoin?Paycoin is a fork of Novacoin/Florincoin/CosmosCoin with very fast transaction time for instant payment. It uses both Proof of Work and Proof of Stake and effectively resistant to 51% attack. The difficulty re-targeted each block. The total coins mined will be 30,000,000 coins with 3 coins per block.
Paycoin is zero premined and support short transaction message.
More interesting functions is coming in Version 1.1.
Next update v1.1:
- Stratum fix, support long-pool/getwork now.
- Chinese website.
- New icons
- Current price (will work when paycoin added to exchange), next diff estimated in Client.
- Escrow service PYC/BTC and PYC/LTC with very low fees.
Specifications:Proof of work / Proof of stake
Scrypt algorithm
Support transaction message
Fair start, no premine
No transaction fee
Diff re-target every block
3 coins per block
60 seconds block time
5 confirmations for transaction
60 confirmations for minted blocks
Total 30 million coins to be mined
Port: Connection: 9288 and RPC Port: 9289
Official Website: http://www.paycoin.co/Exchange:1.
https://coinex.pw2.
https://www.cryptsy.comPool: Support getwork/long-pool pool. Not support stratum pool yet.
1.
http://pay.cryptohashery.com (with stratum)
new!2.
http://pyc.botpool.net (Thanks to Botpool)
3.
http://www.paycoinpool.com4.
http://pay.coinmine.pl (Thanks to feeleep)
Source Code Download:Directlink:
http://paycoin.co/download/Paycoin101-Source.zipGithub:
https://github.com/paycoin/paycoin (ver 1.01)
Download:Client Windows QT:
http://paycoin.co/download/Paycoin101-QT.zipServer:
http://paycoin.co/download/Paycoin101-Server.zipSample paycoin.conf:listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=9289
rpcconnect=127.0.0.1
Getting Started:1. Start up paycoin-qt, wait for it to load, then exit.
2. Put paycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/paycoin
3. restart paycoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
cgminer ex: cgminer.exe –scrypt -I 20 -s 1 –expiry 1 –queue 0 -g 1 -o 127.0.0.1:9289 -u username -p password
Support Paycoin:To support Paycoin, please send donation to LTC address:
LSzk217LAHp9yoXGxbf6bvdhqpbohv3CUs