[ANN][DROP] Dropcoin - v0.10.2 | New Algo | No IPO/ICO/premine

[NSCrypto]

Launched

Technical Specifications / Information

Proof-of-Work Mining Algorithm: DropLP
Blocks 0 - 160: Reward increases linearly from 0.0 - 10.0 coins.
Block Time: 61 Seconds
Transaction Maturity: 12 Blocks
Coinbase Maturity: 161 Blocks
Block halving occurs every 172,328 blocks (approximately four months).
Estimated time until block reward reaches zero: 7 1/4 years (roughly 87 months)
Total coins mineable: ~3.62 million +/-5%

Proof-Of-Knowledge (PoK) Mining*
tl;dr When a block is mined with PoK enabled, the block reward is increased by a certain percentage. For Dropcoin the bonus is set at ten percent.

Wallets

Official Windows 64-bit: Standalone v0.10.2 | Installer v0.10.2
Official Windows 32-bit: Standalone v0.10.2 | Installer v0.10.2

Official Linux 64-bit: v0.10.2
Official Linux 32-bit: v0.10.2

Official Mac OS X: v0.10.2

Official Android: pending

Official iOS: pending

Official Source: Git Repository

Mining

With the Qt wallet: Open wallet and click on the Mining tab
or
With daemon: dropcoin-cli setgenerate true

ccMiner Source: Git Repository
ccMiner Windows: ccminer.zip

cpuminer source: Git Repository (curtesy of kernels10)

Note: cpuminer currently does not work with PoK and is not significantly faster than the in-wallet miner. In other words, unless you see a hashing speed increase of over 10% you are better off mining using the wallet with PoK enabled.

To mine using cpuminer or ccminer, your dropcoin.conf file needs to contain:

Code:

rpcuser=someusername
rpcpassword=somepassword
rpcport=29019
rpcallowip=127.0.0.1
server=1
usepok=0
daemon=1

Replace "someusername" and "somepassword" with whatever you like.
The 'rpcport' parameter is optional and will default to port 29019 if not set otherwise,
and 'rpcallowip' should be replaced with the IP address of the computer running cpuminer.

To run cpuminer on *nix based systems:

Code:

./minerd -o 127.0.0.1:29019 -u someusername -p somepassword

To run cpuminer on windows:

Code:

minerd.exe -o 127.0.0.1:29019 -u someusername -p somepassword

To run ccminer on *nix based systems:

Code:

./ccminer -a drop -o 127.0.0.1:29019 -u someusername -p somepassword

To run ccminer on windows:

Code:

ccminer.exe -a drop -o 127.0.0.1:29019 -u someusername -p somepassword

Pools

Nomp Pool (run by me): http://pool.drop.software
source: Git Repository (curtesy of kernels10)

Block Explorers / Richlists

Block Explorer hosted by CryptoBE.com

Development / Roadmap
(in no particular order)

• Website
• Block Explorer
• iOS Wallet
• Android Wallet
• Secret Item #1
• A real roadmap
• Some type of master node implementation
• Mining Pool(s)
• Catch up with the latest Bitcoin Core code
• [ more to come ]

Services & Exchanges

ALCUREX is an cryptocurrency financing company registered in Finland. Business ID: 2612007-8 FINLAND  -  We know your coin ticker is DROP, but because it's illegal word in database field and commands, we decide to use DRP with your coin.

Contact Info

Email: nscrypto@yandex.com

IRC: #dropcoin on the freenode network - If you don't have an IRC client you can connect using your web browser using kiwiirc web client or freenode webchat

Twitter: NSCryptoNinja

Message me here on bitcointalk, or post in this thread.



The fastest way to reach me is either on IRC or via email.

Development Donation Address: DhaxBo4rDkkghMz9m5JxS5QXzSebjVxM1W

*	A much better explanation than I am willing to write, given the time I would be willing to spend writing it.

[1713853828]

1713853828

[NSCrypto]

Reserved.

[Shadow_Runner]

Launch & drop? 

[scorpio18]

To many ann , and just a few launch  

[Wednesdaycat]

soon? how long?

[ocminer]

I think I need to rent more Servers...  

[xinbinbin]

I think I need to rent more Servers...  

yeah

[kcanup]

Drop it!! 

[Starin]

214352345345 coins in last 2 days.

[NSCrypto]

soon? how long?

Heh everybody is jumping to mine  

I updated OP with approx. ETA.

[spartak_t]

It's going crazy last few weeks........

[louiseth1]

soon? how long?

Heh everybody is jumping to mine  

I updated OP with approx. ETA.

Woot, a coin from you? I'm in! 

[adidas]

Drop on me some coins. 

[NSCrypto]

well, testnet seems to be working alright.

[polesdav]

well, testnet seems to be working alright.

will you "drop" any more info?

[NSCrypto]

well, testnet seems to be working alright.

will you "drop" any more info?

Already did. Tentative launch date and algo announcement was just updated in the OP

[ShoeOnHead]

Finally, not a new dev account.

[adidas]

Algo is  DropLP?

GPU or CPU?

[NSCrypto]

Algo is  DropLP?

GPU or CPU?

Just cpu at the moment

[elizabethcrypto]

Finally, not a new dev account.

Exactly my thoughts. But any info on this alt? what's different?