What is Wimcoin?
Wimcoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Wimcoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Wimcoin is a proven medium of commerce complementary to Bitcoin.
Summary
This release of Wimcoin Core is an important update, featuring the BIP65 (CLTV) consensus change and bug fixes. The most notable changes are outlined below.
BIP65 soft fork to enforce OP_CHECKLOCKTIMEVERIFY opcode
This release includes several changes related to the BIP65 soft fork which redefines the existing OP_NOP2 opcode as OP_CHECKLOCKTIMEVERIFY (CLTV) so that a transaction output can be made unspendable until a specified point in the future. This change paves the way for many new exciting features such as payment channels, time-locked refunds, escrow, two-factor wallets and is a major requirement for technologies like the lightning network.
This release will only relay and mine transactions spending a CLTV output if they comply with the BIP65 rules as provided in code.
This release will produce version 4 blocks by default. Please see the notice to miners below.
Once 951 out of a sequence of 1,001 blocks on the local node's best block chain contain version 4 (or higher) blocks, this release will no longer accept new version 3 blocks and it will only accept version 4 blocks if they comply with the BIP65 rules for CLTV.
WARNING
Despite this version being heavily tested, this version may contain bugs. Always back up your wallet.dat file before upgrading. If you encounter any issues, please let us know by posting to the bug reporting section below.
Wimcoin total piece = 8.400.000.000 wmc
Launched: February 2016
By: Wimcoin
Type: POW Scrypt
Supply: 8.4milliard coins with 8 digits each; or 4 x BTC supply
Speed: 2.5 Minutes
Retarget: 2016 blocks (3.5 days)
Reward: 50 Initially
Reduction: 50% every 840,000 blocks (4 years)
Premined: 1100
Fees: 0.01 WMC + 0.02 LMC for each Kbyte of transaction size (rounded down) + 0.02 LTC for each output less than 0.01 LTC; transactions with outputs less than 0.0001 LTC are not allowed
Website:
http://wimcoin-pool.ddns.netSoft:
http://wimcoin-pool.ddns.net/dl/
