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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Shugacoin [CPU] - SHUGA | YespowerShuga | Launching 2024/03/01 21:00 GMT on: March 07, 2024, 06:48:00 PM
SHUGACOIN
fastest PoW blockchain 
https://shugacoin.org
The meaning of Azula
shugacoin's first node software is called by Azula.
  • Azula replaces the word Core (ie: Bitcoin Core). We think it sounds a bit centralized.
  • The name is inspired by a character Azula from the film Avatar: The Legend of Aang
  • Core uses Sugarchain which we love

Specifications
  • Block time: 5 seconds
  • Difficulty: ShugaShield-N510 (based on Zcash's modification of Digishield)
  • Block reward: 42.94967296 SHUGA
  • Halving interval: 12,500,000 Blocks (approx. 2 years)
  • Total supply: 1,073,741,824 SHUGA
  • PoW algorithm: YespowerShuga (based on Yespower 1.0.1)
  • 40001 / RPC 40002
  • Premine: None (No ICO, No Presale, No Founder's Rewards)

Wallet

Explorer

Community

one-CPU-one-vote
Quote
"31/Oct/2008 Proof-of-work is essentially one-CPU-one-vote"
Satoshi Nakamoto talked about the importance of decentralized mining in his whitepaper. We want to create a blockchain that anyone can do mining easily without any entry barriers.

  • CPU mining only:
    • YespowerShuga (based on Yespower 1.0.1) is only for Shugacoin, not compatible with other Yespower coins.
    • The minimum difficulty (powlimit) is set low enough for two reasons. The first is to handle fast block time; The second is to allow mining on slow CPUs.
  • Mining efficiency:
    • According to the test results, the most efficient is using 8 threads on a single CPU.
    • YespowerShuga is more suitable for older CPUs, because it is essentially a multi-threading resistor. Suitable for smartphones and raspberrypi.
  • NO GPU: GPU mining is not possible.
  • NO ASIC: ASIC mining is not possible.
Other advantages
Native segwit (Bech32) address built-in by default: Starting with shuga1q...
Fast blockchain synchronization: Using sha256d in header indexing, the initial synchronization speed is as fast as Litecoin
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