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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [KIMO] Kimocoin | VOICE YOUR SUPPORT FOR MORE KIMO AUCTIONS on: June 29, 2014, 03:10:12 PM


News:
  • Our seventh Kimocoin auction is over.
  • A new wallet has been released that changes our currency code from KMC to KIMO and moves the decimal so that 1000 KMC = 1 KIMO.  This will allow us to trade in BTC.  Please download it.
  • We have a new logo.
  • Due to an error in the block reward code, we had to hard fork at block 150300 on 7/14.  You must update your wallet.  Do not try to use the old one, it will not work. All coins are safe.

Kimocoin has a new dev team.  We have active development and a growing international community.  We are now over half way through the subsidy decline phase.  There is still time for new miners to collect a nice part of the distribution, but the reward is falling with every block.  We should reach the end of the subsidy decline phase on August 14th, after which the block reward will be fixed at 5 KIMO forever.  Kimocoin offers one of the best values in crypto, we are more profitable to mine than anything and yet our miners are holding because we know the value will rise as block subsidy falls.  In June we held a KIMO only auction for a brand new Intel SSD.  In July we auctioned off a brand new 500GB USB 3.0 External Hard Drive.  We are planning more such promotions and events.  Join us and be sure to ask how you can contribute to our growth and success.

Official website: http://www.kimocoin.com/
Block explorer: http://explorer.kimocoin.com/
Faucet: http://faucet.kimocoin.com/faucet
Paper wallet: http://paperwallet.elementfx.com/kmc/

Wallet Download:
We had a hard fork on 7/14/14 at block 150300 due to an error in the original KimoCoin code.  There was a mandatory wallet update, the original wallet will no longer work.
Windows - http://www.kimocoin.com/kimocoin-0.8.7.zip
Mac - http://www.kimocoin.com/KimoCoin-Qt-Mac.zip
Source - https://github.com/jacob019/kimocoin

What is Kimocoin?
Kimocoin is a decentralized digital currency similar to Bitcoin.  It was started by an Italian university student as an educational project and is now maintained as an open project by several contributors.  Visit our website for more information.

Technical Details:
Launched: April 1st, 2014
Algorithm: Scrypt-N
Max Coins: 15 Million
Block Time: 1 minute
Difficulty Adjustment: Every block with Kimotos Gravity Well

Unique block reward schedule:
1-350K KIMO (premine)
4-5000.000002 KIMO
501-15000.1 KIMO
1501-29990.2 KIMO
3000-50000.5 KIMO
5001-10,0001 KIMO
10,001-20,0002 KIMO
20,000-100,000Subsidy equals block height divided by 1000
100,001-110,000100 KIMO
110,001-120,00090 KIMO
120,001-130,00080 KIMO
130,001-140,00070 KIMO
140,001-150,00060 KIMO
150,001-195,000200 - ( block height / 1000 ) KIMO
195,000+5 KIMO

Mining:
GPU solo mining with vertminer and the wallet is the preferred method of mining.  We also have a strong P2Pool network with the vast majority of network hash.  Several traditional pools are available as well.  For more information and a list of pools visit http://kimocoin.com/miningAndExchanges.html

Exchange:
KMC trades in LTC on Comkort: https://comkort.com/market/trade/kmc_ltc
*note that 1 KIMO = 1000 KMC

Game:
Kimocoin Dice: http://dice.kimocoin.com/

Translations:
Russian - https://bitcointalk.org/index.php?topic=674082
French - https://bitcointalk.org/index.php?topic=676722
Chinese - https://bitcointalk.org/index.php?topic=714100

Old Thread:
https://bitcointalk.org/index.php?topic=524216
65 pages.  For archive purposes only.  Please do not post there.
2  Economy / Reputation / jacob019 reputation thread on: April 05, 2014, 11:02:42 PM
I am planning on leasing my Scrypt-N rigs on LeaseRig.net.  I've been in the trade business since 2006 and I always try my best to ensure a great customer experience.  Please post your experiences here.

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