SpreadCoin
Launched 29 July 2014, 9:00 UTC, No Premine
SpreadCoin.net | SpreadCoin versus Bitcoin
Completely Decentralized Digital Currency
without Pools
SpreadCoin is a new cryptocurrency which is more decentralized than Bitcoin. It prevents centralization of hashing power in pools, which is one of the main concerns of Bitcoin security. SpreadCoin was fairly launched with no premine.
Parameters
Algorithm: SpreadX11
Block generation: 1 minute
Difficulty retargets: every block based on last 360 blocks
Reward starts at approx. 6.66 coins per block
Block reward is smoothly halved every 4 years
Total supply: 20 mln coins
No year 2106 problem
Initial reward was 66.66 coins per block and spacing between blocks was 10 minutes, this was changed after hardfork at block 2200.
Download (version 0.9.14.3, released on 21 October)
Windows wallet (32-bit)
Windows wallet (64-bit)
Linux wallet (32-bit)
Linux wallet (64-bit)
Mac OS X wallet
Source code
White Paper
Download
Blockchain Explorer
spreadcoin.net/explorer/
Translations
Indonesian
Portuguese
Russian
Bounties
Translate announcement into other language and get 400 SPR in reward (language must have separate subforum).
Exchanges
You can also help us to add SpreadCoin to other exchanges by voting:
BTER
AskCoin
Truly Decentralized
In Bitcoin mining power is concentrated in large pools. This puts the whole network at risk in case these pools will become malicious or if their security will be compromised. In SpreadCoin there are no pools, mining power is spread around many solo miners.
Compact Transactions
SpreadCoin uses more compact representation for signatures in transactions. This leads to smaller transactions and, hence, smaller blockchain. See e.g. this transaction in SpreadCoin and similar transaction in Bitcoin, both transactions have 15 inputs and 1 output but SpreadCoin transaction takes 1661 bytes while Bitcoin one takes 2744.
See this thread for more info:
https://bitcointalk.org/?topic=6430.0%29%3FSmooth Reward Decrease
Unlike Bitcoin, there are no abrupt reward halvings in SpreadCoin. Block reward is smoothly decreasing over time.
