I am making a new announcement as account williamsmith has been hacked - old thread
https://bitcointalk.org/index.php?topic=2638104.0Platinum Core - South Africa
Platinum Core is a free open source project derived from Bitcoin. Platinum Core has a rapidly changing Proof of Work and Proof of Stake system, and it's first goal is to test an evolving POS system and observe it's effects on the blockchain and in the altcoin marketplace.
Platinum Core is built on the foundation of Bitcoin, PPCoin, Novacoin, and BitcoinDark, with a modified POS system.
We are testing also a new strategy where there is no block halving but instead we kick off with a low reward system which rapidly increase as the number of blocks get mined. This will hopefully settle in at a good market price for future trades. It's goal is also to encourage miners to get higher rewards as the number of blocks increase.
There will be a 1 % premine - premine goes towards Developer for Bounties, Donations, Giveawys & Future development of the coin.
Coin Specifications
Coin Name - Platinum Core
Ticker - PLTCR
Reward Type - POW / DPOS / POS
Algorithm SHA256
Max Money Supply - approximately 300 000 000 PLTCR
POW Money Supply - 100 249 995 PLTCR
DPOS Money Supply - 65 250 000 PLTCR
Normal POS Money Supply at approximately 9 % interest per year after block 2 200 000 - 134 500 005 PLTCR
Block Time - 120 seconds (2 minutes)
Number of confirmations required to mature - 30
No block halving - rewards increase as more blocks get mined
RPCPORT - 31452
PlatinumCore.conf
rpcuser=yourplatinumcoreusername
rpcpassword=yourplatinumcorepassword
rpcport=31452
server=1
daemon=1
rpcallowip=127.0.0.1
addnode=169.159.129.254
addnode=169.159.129.250
addnode=127.0.0.1:31452
Rewards - POW - Proof Of Work Phase
Block 1 to 1 - 1 000 000 PLTCR per block
Block 2 to 50 000 - 5 PLTCR per block
Block 50 001 to 150 000 - 10 PLTCR per block
Block 150 001 to 350 000 - 20 PLTCR per block
Block 350 001 to 650 000 - 40 PLTCR per block
Block 650 001 to 1 050 000 - 80 PLTCR per block
Block 1 050 001 to 1 550 000 - 100 PLTCR per block
LAST POW BLOCK 1 550 000
Rewards - DPOS - Dynamic Proof Of Stake Phase
Block 50 000 to 100 000 - 5 PLTCR per block
Block 100 001 to 200 000 - 10 PLTCR per block
Block 200 001 to 400 000 - 15 PLTCR per block
Block 400 001 to 700 000 - 20 PLTCR per block
Block 700 001 to 1 100 000 - 25 PLTCR per block
Block 1 100 001 to 1 600 000 - 30 PLTCR per block
Block 1 600 001 to 2 200 000 - 50 PLTCR per block
LAST DPOS BLOCK 2 200 000
Rewards - POS - Proof Of Stake Phase
At approximately 9 % interest per year after block 2 200 000
Source Code
More giveaways and boubties coming soon
Future Developments - Suggestions are welcome
Faucets
Casino Games
Merchant integration
Major Exchanges
New Wallet Feature and or improvements
Development Team
Community support, donations, bounties & giveaways
Regards
Platinum Core Coin Team
Block Explorers
Mining Pools
Show Posts
