![](https://ip.bitcointalk.org/?u=http%3A%2F%2Foi42.tinypic.com%2F169nqsp.jpg&t=665&c=7uQrQFE83HIIzA)
SecureCoin is a fast and secure cryptographic digital currency based on Bitcoin. The specifications have been carefully chosen to maintain Bitcoin's economic model.
A single hashing algorithm poses a security risk because if it is compromised, the whole network is forever compromised. Multiple hashing algorithms enhance the security of the network by not only mitigating that risk, but also by adding an additional layer of complexity for any attacker to penetrate.
The aim of SecureCoin is to provide a secure, fast, and reliable network that is supported by active and involved developers.
ServicesWebsiteSecurecoin.orgForumdigitalcoin.co/forumsBlock Explorerhttp://src.coinco.in/IRCIRC Server: irc.freenode.net
Web chat:
webchat.freenode.netChannel: #digitalcoin
Exchangehttp://bter.com/trade/src_btchttp://cryptsy.comhttp://coinex.pwCryptoAve Exchange & Payment Processor:
https://bitcointalk.org/index.php?topic=277241.0SpecificationsReward Per Block: 5
Time Between Blocks: Every 1 minute
Difficulty Retarget: 500 blocks. Difficulty can only move a maximum of 100% up, or 50% down.
Reward halves: Every 2.1 million blocks
Block confirmations: 40
Transaction Confirmations: 1. Meaning transactions take ~1 minute to fully confirm.
Total Coin Supply: 21 million
Algorithms: Grøstl, Skein, BLAKE, BLUE MIDNIGHT WISH, JH, SHA-3
GUI: Unique design and optimizations
Launch: Fair launch with ascending rewards
Pre-mine: None
More on AlgorithmsGrøstl is an iterated hash function, where the compression function is built from two fixed, large, different permutations. The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.
The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.
Skein is based on the Threefish tweakable block cipher compressed using Unique Block Iteration (UBI) chaining mode while leveraging an optional low-overhead argument-system for flexibility. Skein supports internal state sizes of 256, 512 and 1024 bits, and arbitrary output sizes. The authors claim 6.1 cycles per byte for any output size on an Intel Core 2 Duo in 64-bit mode.
BLAKE is a cryptographic hash function that is based on Dan Bernstein's ChaCha stream cipher, but a permuted copy of the input block, XORed with some round constants, is added before each ChaCha round.
BLUE MIDNIGHT WISH is a cryptographic hash function with output size of n bits where n = 224, n 256, 384 or 512.
JH is a cryptographic hash function submitted to the NIST hash function competition by Hongjun Wu. Though chosen as one of the five finalists of the competition, JH ultimately lost to NIST hash candidate Keccak. JH has a 1024-bit state, and works on 512-bit output blocks.
SHA-3 uses the sponge construction in which message blocks are XORed into the initial bits of the state, which is then invertibly permuted. In the version used in SHA-3, the state consists of a 5×5 array of 64-bit words, 1600 bits total.
Concept CreditsBTC
SecureCoin's inflation rate is the same as Bitcoin's. The two will produce an identical number of coins and at the same rate. There is no need to change a tried and tested economic model. This is also why SecureCoin is a version of bitcoin, because it keeps the same economic orientation. LTC borrowed the same economic model as BTC and it is one of the major reasons for its success.
YAC
YAC was one of the first coins to get CPU mining where it currently is and helped contribute to SRC's functionality.
SIF
Sif deserves a mention for being the first to implement multiple hashing algorithms and proving the concept can work. The economy was however not successful.
DGC
Digitalcoin's fair launch policy and community funded efforts helped form the concept for SRC.
FairnessThe rewards scale up as a certain block is reached to prevent an unfair advantage.
Up To
Block Reward
-----------------
500 : 0.05
1000 : 0.1
1500 : 0.25
2000 : 0.5
2500 : 1
3000 : 2
3500 : 3
4000 : 3.75
4500: 4.5
After block 4500, the regular block reward of 5 will be effective.
DownloadGit:
https://github.com/securecoin/SecurecoinWindows QT:
http://securecoin.org/securecoin-qt.zipMac QT:
https://www.dropbox.com/s/kzp2v1txwqrysmi/Securecoin-Qt-0.8.3.0-Mac.zipSource:
http://securecoin.org/securecoin-master.zipNodesAdd the nodes to your configuration file. Example Config:
https://bitcointalk.org/index.php?topic=270852.msg3038287#msg3038287Creating your own config:
https://bitcointalk.org/index.php?topic=270852.msg3060316#msg3060316Short Listaddnode=24.222.191.37
addnode=71.187.248.95
addnode=71.77.233.192
addnode=54.234.172.139
addnode=86.2.171.203
addnode=208.77.217.7
addnode=208.77.217.8
addnode=80.229.2.127
Long Listaddnode=24.222.191.37
addnode=71.187.248.95
addnode=208.77.217.7
addnode=208.77.217.8
addnode=24.222.191.37
addnode=71.187.248.95
addnode=71.77.233.192
addnode=54.234.172.139
addnode=86.2.171.203
addnode=69.9.152.126:56312
addnode=143.50.37.32:62351
addnode=77.94.247.50:60961
addnode=189.187.141.2:12567
addnode=77.94.247.50:6561
addnode=68.117.97.76:62876
addnode=203.17.236.91:3690
addnode=54.213.205.179:49304
addnode=217.25.223.37:62570
addnode=79.116.253.159:60613
addnode=217.174.63.129:60351
addnode=62.24.83.120:33979
addnode=113.162.172.104:51450
addnode=80.229.2.127:49777
addnode=65.61.116.102:41439
addnode=23.96.7.57:1136
addnode=178.74.103.10:57416
addnode=65.61.116.103:61571
addnode=174.98.127.147:56307
addnode=96.44.151.60:12567
addnode=168.63.58.66:1776
addnode=62.24.83.120:51216
addnode=46.132.190.226:12567
addnode=77.199.17.225:63668
addnode=5.9.92.36:47769
addnode=82.27.224.59:2174
addnode=81.203.98.155:56117
addnode=77.94.247.50:23779
addnode=92.57.116.77:49972
addnode=107.213.72.135:63574
addnode=77.94.247.50:34209
addnode=77.94.247.50:36129
addnode=62.43.138.9:60188
addnode=54.226.8.222:49371
addnode=91.132.202.107:49975
addnode=217.25.223.37:63333
addnode=78.46.94.228:12567
addnode=54.213.159.89:41767
addnode=82.181.95.237:52089
addnode=88.115.125.26:23846
addnode=82.27.224.59:58277
addnode=65.61.116.103:54472
addnode=77.94.247.50:8673
addnode=65.61.116.103:43271
addnode=77.94.247.50:8641
addnode=77.94.247.50:8833
addnode=65.61.116.103:54824
addnode=217.87.120.107:56542
addnode=24.8.152.14:55122
addnode=77.94.247.50:11425
addnode=54.212.116.200:57652
addnode=62.178.141.85:12567
addnode=113.71.168.232:19154
addnode=65.61.116.103:31389
addnode=65.61.116.103:31844
addnode=98.220.18.202:23399
addnode=54.218.109.87:49540
addnode=65.61.116.103:13951
addnode=65.61.116.103:54140
addnode=77.94.247.50:29089
addnode=65.61.116.103:15003
addnode=65.61.116.103:6585
addnode=81.210.155.43:49540
addnode=178.5.45.170:49332
addnode=65.61.116.103:7176
addnode=24.222.191.37:50569
addnode=65.61.116.103:16590
addnode=62.178.141.85:2860
addnode=82.23.246.187:51220
addnode=65.61.116.103:63526
addnode=65.61.116.103:48270
addnode=89.142.88.37:50268
addnode=71.77.233.192:60612
addnode=65.61.116.103:51481
addnode=64.238.233.89:57185
addnode=77.94.247.50:2626
addnode=203.17.236.101:33164
addnode=65.61.116.103:9175
addnode=78.87.12.134:42293
addnode=65.61.116.103:14663
addnode=46.98.135.50:50070
addnode=85.228.195.71:33083
addnode=65.61.116.103:59647
addnode=65.61.116.103:40986
addnode=198.84.188.113:56884
addnode=65.61.116.103:24286
addnode=178.191.181.53:57418
addnode=65.61.116.103:60844
addnode=65.61.116.102:16577
addnode=65.61.116.103:58332
addnode=77.94.247.50:33089
addnode=65.61.116.103:35543
addnode=178.191.181.53:62735
If you have connection issues, download the blockchain and peers.dat file here and add it to your Securecoin AppData folder
https://www.dropbox.com/s/wrx72io5ytwcbnx/securecoin_chain.zipPortsNetwork port: 12567
RPC Port: 12568
Mining InformationLaunch your wallet with -gen=1, or add "gen=1" to your securecoin.conf file, or type "setgenerate true -1" from the debug console. Use the built in CPU miner.
Poolshttp://crypto-expert.com/SRChttp://src.coinmine.pl/http://coinex.pwhttp://www.japool.com/Development Fund DonationsSRC: sTs6tQZ74TNLq5xYQaLV1nK1Gu7FPMGugJ
blessed ~ hope you guys continue to mine more SecureCoins as we are buying up all of them on the exchanges!