Please consider adding Teacoin (TEA).
TEA is a coin for online tea and coffee shops. All cultures around the world have their own varieties of tea. I thought it would be a nice gesture to pay homage to one of the most ancient drinks in the world.
The goal is get tea and coffee shops to accept TEA.
Currently TEA has 6 TH network hash rate.
Here are the specs of the coin:
Website:
http://www.teacoin.netIRC Freenode #teacoin
Bitcointalk ANN Thread:
https://bitcointalk.org/index.php?topic=434432.0No Premine
Based on latest Zetacoin source
Block target: 30 seconds
Difficulty retargets every 4 blocks based on last 90 blocks (Quick difficulty readjustment)
Block reward: 1000 TEA, halving every 20160 blocks (about 1 week), not dropping below 1 TEA (inflationary)
Total coin supply: 40 million TEA + small yearly inflation
40 million coins will be mined in around 4 months
Thereafter around 1 million per year (inflationary). This small inflation is a better incentive to keep the network hashing than purely transaction fees.
Thank you for the consideration,
MrBrew
Show Posts
