WEB SITEWhat is Parallelcoin?Parallelcoin is an new digital currency that enables instant payments to anyone, anywhere in the world.
Parallelcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.
Parallelcoin is also the name of the open source software which enables the use of this currency.
ParallelCoin specificationsMulti-algo proof of work crypto currency.
Fair release with no premine, no IPO and no ICO.
Algorithms: SHA256D & SCRYPT
Abbreviation: DUO
Total Coins: 1,000,000
Block Reward: Blocks 1-998 = 0.02 DUO (Fair Release) | Blocks > 998 = 2 DUO
Block Time: 5 minutes
Halving Interval: 250,000 blocks
P2P Port: 11047 (21047 Testnet)
RPC Port: 11048 (21048 Testnet)
DownloadsPlease note: The old Parallelcoin wallet-qt (v1.0.0.0) does still work. The new Parallelcoin wallet-qt (v1.2.0.0) was done to change the main overview page back to normal qt-view.
If your wallet does not want to start syncing:Try adding these nodes to your configuration (parallelcoin.conf file located in the wallet folder):
addnode=185.69.55.35:11047
addnode=46.28.107.182:11047
addnode=91.206.16.214:11047
addnode=157.161.128.62:11047
addnode=85.15.179.171:11047
addnode=103.254.148.9:11047
addnode=144.217.73.92:11047
addnode=165.227.110.22:11047
addnode=194.135.88.119:11047
addnode=73.164.170.207:11047
addnode=76.176.77.120:11047
addnode=89.40.12.55:11047
addnode=coins.prohashing.com:6245
There are a few of us which like the idea of this coin very much. We (the community) think that the coin has a big potential and is worth to continue. There is no premine and the multi-algo sha256d and scrypt was and is trendsetting. So the time is right for a restart.
The original developer, Parallaxis (probably Blazr2) was last active on 19th of August 2014 on Bitcointalk. Over the last year we tried to get in contact, but there has neven been a reply on all our messages. So we kept supporting Parallelcoin over all the months and finally the time has come for a community takeover.
We created a new Parallelcoin website, block explorer, nodes, a Parallelcoin sha256d pool and achieved that DUO is available for trading on Cryptopia coin exchange.
You can be part of this community. Start to mine Parallelcoin and spread the word. If you have further ideas that could help and support the coin (new exchanges, new pools, whatever else), do not hesitate to post your ideas to this new thread.
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