51Coin, the revolutionary new alt where you solve blocks by completing successful 51% attacks on other chains.
BTW: To be eligible for a block, you must submit your IP and blockhashes to the community for confirmation, and it takes 60 confirms to get a block (and subsidy).
If two attacks become successful within 30sec of each other the latter one is considered an orphan block.
The hashing algorithm is SHA-256 and scrypt.
The reward per block is 1 51C, and there will be 500,000 coins.
The transaction syntax will be similar to Abstract Coin, and txes are forum-based.
|51-AD3YL| (0.50)|51-AD3YL|(0) -> |51-BEAC9|
Confirmed.
Confirmed.
