Sinecoin (SINE)Sinusoidal CryptocurrencyHard fork imminent - Upgrade to 0.10.0
On block 2768 (in ~48 hours) a hard fork will be implemented to fix the difficulty adjustment. Please update to 0.10.0 if you have not. The links in the "Downloads" section are current.
Specifications
Mining algorithm: Scrypt Adaptive-N
Block spacing: 5 minutes
Total coins: ~60 million (59,883,150)
0.8% premine
Block halving: Only the base reward halves, every 3 years
Block reward varies along sine a sine wave (read below)
Sinusoidal Block Rewards
Sinecoin uses a novel approach to the problem of block rewards dropping too low to make mining worthwhile. Block rewards are calculated using a sine function, with an amplitude of 25, a period of 576 blocks (two days), and a base of 100. As a result, even as the base reward halves continually every 3 years, block rewards still vary by a predictable amount. There is always a 24-hour period of below-base rewards, followed by a 24-hour period of above-base rewards.
Here's an image to illustrate:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLdA9stA.png&t=663&c=PDtU8NGiMjqgjw)
Instamine Correction
There have been complications with the difficulty adjustment. They've resulted in many blocks being mined too soon. To make things more fair, we have decided to send 50,000 SINE (10.4% of the premine) to an address that nobody can access. Thank you for bearing with us. The transaction details are below:
Sinecoin Eater Address: SineEater1SineEaterAddressDonEoi8L
Transaction ID: a0aa681f6bccbbe45bd33749a799441c1c3a06104b908bfa42ef9609ea03a8a1
Here is a link to the transaction on the block explorer.
Downloads
SourceWindowsPools
https://sine.suprnova.ccThanks to suprnova for setting up the first SINE pool!http://sine.pool.mn/Example sinecoin.conf
rpcuser=rpcusername
rpcpassword=apassword
addnode=190.10.9.226
Block Explorer
http://sine.explorer.ssdpool.com:9030/Bounties
Block explorer - 5,000 SINEExchange - 10,000 SINE
New logo - 2,000 SINE
Additionally, if you do anything to help SINE grow, e.g. mentioning it in an article, please send us a private message with your address so we can thank you properly.
Feel free to tell us what you think by replying to this post.
This is an updated version of a coin that we were unable to launch before. It has numerous improvements that we hope you'll enjoy.