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EduCoin (EDU) is an open source cryptocurrency that makes us smarter.
LAUNCH DATE
March 11, 2014 10am EST
INFORMATION
EduCoin (EDU) is a cryptocurrency, based on bitcoins pioneering technology, that helps us pay for education in ways we could never have imagined before. Education is rapidly evolving online, across devices and platforms, and even at the schools we attend. We need a digital cryptocurrency that can help students, educators, and third parties make secure transactions without fees, rates, or approval times. EduCoin aims to be the worldwide standard for student transactions in the learning economy.
SPECIFICATIONS
Algorithm: Scrypt
Total coins: 101,000,000,000
Difficulty: Retargeting using Kimoto Gravity Well
Block Time: 30 seconds
BLOCK REWARDS
Block 1-100,000: 1-1,000,000 EduCoin
Block 100,001-200,000: 1-500,000 EduCoin
Block 200,001-300,000: 1-250,000 EduCoin
Block 300,001-400,000: 1-125,000 EduCoin
Block 400,001-500,000: 1-62,500 EduCoin
Block 500,001-600,000: 1-31,250 EduCoin
Block 600,000+: 10,000 EduCoin *after 101,000,000 mined, 1% per year coins generated at 10,000 EduCoin
DOWNLOADS
Window: https://mega.co.nz/#!i9J2zTSB!ua9ELMczbLIAfAIE3_Q862SqssZYXPfPk_cb9kDLXqE
Mac: https://mega.co.nz/#!WoxUiBCZ!qpN9Ck4Ora5XC4XanCdpgfGN08CxK6gJ8VsbGCxLh7U
Linux: https://mega.co.nz/#!ysxFyBDQ!HVB2_XGP84Xz1nHVXMyzBx1MfYGFmzJwe28nkGeTk1s
SOURCE
https://github.com/educoinfoundation/educoin-foundation
CONF
Code:
rpcuser=edu
rpcpassword=cation
daemon=1
server=1
listen=1
rpcport=33446
addnode=54.244.113.139
addnode=54.202.48.202
addnode=54.215.133.110
addnode=54.215.130.158
addnode=54.193.71.236
addnode=54.193.60.144
addnode=54.215.139.161
addnode=54.215.138.222
addnode=54.215.139.63
addnode=54.215.136.223
addnode=54.193.122.161
addnode=54.193.114.97
addnode=54.193.127.204
PORTS
RPC Port: 33445
P2P Port: 33446
POOLS
http://edu.cryptoquest.net
http://edu.okaypool.com/
https://edu.forkpool.com
http://edu.aipool.com
http://edu.bondni.com
http://115.28.201.215/edu
http://edu.multi-pool.eu
http://edu.lightninghash.com/
http://edu.hashing.at/index.php?page=register
http://edu.forkpool.com
http://edu.micropool.us/
http://edu.novahash.org
BLOCK EXPLORER
http://educhain.mycryptoco.in/chain/EduCoin
Thank you u/mycryptocoin!
EXCHANGES
https://www.cryptoaltex.com
Help us get listed on:
MintPal https://www.mintpal.com/voting
currently 400 votes
CryptoRush https://cryptorush.in/index.php?p=vote
currently 120 votes
Cryptsy https://cryptsy.freshdesk.com/support/discussions/topics/4000000971/
currently 17 votes
FREQUENTLY ASKED QUESTIONS
Q: Who is the developer?
A: Satoshi Edumoto. Please call him edumoto.
Q: Why so anonymous?
A: Partly as an homage to Satoshi Nakamoto, the creator of bitcoin. We see him as the creator of EduCoin. Secondly, we want to keep everyone's attention on EduCoin's development and adoption. Too many developers have cracked due to the pressures of public life. Just look at Flappy Bird (the game, not the coin).
Q: Who is the development team?
A: We are a team of three. Our growth plan is to identify and recruit members from higher learning institutions in order to bring more transparency, longevity, and growth to EduCoin. Researchers, edutech companies, computer science post-docs, university leaders, we know you're out there. Please get in touch. Let's build a consortium.
Q: Are you the same as Educoin seen in the startup here?
A: No. EduCoin (EDU) is a fully de-centralized cryptocurrency based off of Bitcoin. EduCoin (EDU) can be traded on exchanges between world currencies and it can be used as a means of exchange. EduCoin merchants will also be able to exchange EduCoin through an increasing array of apps and services as it gains widespread adoption.
Q: Was this coin pre-mined?
A: No. It was not pre-mined. It was publicly announced and launched fairly.
Q: Is this just another clone altcoin?
A: No. Most new cryptocurrencies, with very few exceptions, are derivatives of the original bitcoin source. EduCoin was developed with the education community in mind. The technology was a fork of Litecoin/Dogecoin/Rabbit, incorporating the latest developments in cryptocurrency technology such as the Kimoto Gravity Well algorithm. As such, cryptocurrency is in its infancy and we are more concerned about where EduCoin can go rather than where we came from.
Q: Why not use Bitcoin for education?
A: Bitcoin and EduCoin can co-exist together. EduCoin can be further customized for use in specific educational settings and contexts, whereas Bitcoin maintains its role as a general use cryptocurrency.
Q: How will this coin get to students in a fair way?
A: We do not know for certain. Our assumption is that college students, for starters, will be mining EduCoin (EDU). Our proof is that kids were able to figure out music file-sharing in the late 1990s in the U.S. pretty much on their own. We know there are similar cases of dorm-room mining. We want more proof too! Please share photos on our reddit.
Q. You guys suck.*@&#^#!!!?
A: Smile, we know you have better things to do. Trolling a coin for education is like stomping on a kid's dream for a better life. Karma, dude.
COMMUNITY
We hope EduCoin forms a distinct and vibrant community and we cordially invite you to join us as an early adopter, developer, researcher, or contributor. Go to our main forum at http://forum.educoin.cc/. We especially welcome participation from any or all of the following groups:
Universities & MOOCs
School boards and district administrators
Education Tech, Researchers & Academics
Private Sector (academic testing, academies, and more)
Mining pools
Crypto Exchanges
Students
DEVELOPMENT ROADMAP
Life after launch will be filled with challenges! We know that, and our plan is take a collaborative, deliberate, and decisive approach to making cryptocurrency work for education. By no means complete, we have listed several areas of interest below:
University Merchant Adoption
University Tuition Payments
MOOC Adoption
Testing Services Fees (SAT, GRE, GMAT, MCAT, )
Android / iOS Apps for payment
CONTACT / MEDIA INQUIRIES
EduCoin Foundation: educoinfoundation@gmail.com
Satoshi Edumoto (Creator): satoshiedumoto@gmail.com [https://bitcointalk.org/index.php?action=profile;u=261542;sa=summary]
Official Website: http://educoin.cc
