http://www.192.io/previews/85427909cd70504383cfbd1aa2f2a06c.pngWebsite
http://peonycredit.org/The Spirit of Plum Blossom and Peony symbolizes tenacity and tolerance. It is first synthesised by Dr. Yao Yudong in 2010. The Spirit of Plum Bloosom and Peony is not only the DNA of Chinese culture, but also consistent with the spirit of the times in the world. The Spirit of Plum Blossom and Peony are universal values common to all cultures and races. Together with the rapid adoption of and adaptation to technology, this common set of values would be the binding forces underpinning the sharing finance and economy. Keep the Spirit in mind and embed the shared value in actions . Together, we create a better human civilization.
Specifications- POW
Scrypt and SHA256 algorithm
-Each algorithm has separate difficulty
-Block time: 30 second
-Configuration file: config.conf
listen=1
rpcuser=user
rpcpassword=passwd
server=1
//default sha256d
If you want to use the scrypt algorithm, just add
to config.conf
P2P port: 5009
RPC port: 5011
Block reward:Height<=48960 100 coins
Height<=97920 200 coins
Height<=146880 400 coins
Height<=195840 800 coins
Height<=293760 1600 coins
Height<=391680 3200 coins
Height<=489600 6400 coins
Height<=685440 12800 coins
Height<=881280 25600
Height<=1077120 51200
Height<=1566720 102400
Height<=1860480 51200
Height<=2154240 25600
Height<=2448000 12800
Height<=2741760 6400
.....
Height<=4798080 50 coins
Height<=48046720 25 coins
Windows wallet 64bit:NEW Version 1006
http://www.192.io/u19Wl6Source:https://github.com/peonycredit/peonycredit.gitBlock Explorerhttp://explorer.peonycredit.org/PoolsScrypt Pools
http://pool-scrypt.peonycredit.org/statsSHA256D Pools
http://pool-sha256d.peonycredit.org/statsPool Fee Percent: 2%
In the years we are deeply involved in Bitcoin and Litecoin communities, we have found that the production curve (similar to logarithm) does not fit with general course of economics and currency. The most significant shortfall is that early users hold large quantity of Bitcoin. Since the overall amount of Bitcoin is limited, holding demand is much larger than using demand, therefore it is very difficult for bitcoin to make its use as a currency in processing and payment making. Similarly, most altcoins use the logarithm curve, therefore it is also very hard for them to play more important role in payment and applications.
Inspiring by the "Northam Curve", discovered by US scholar Ray.M.Northam in 1975, which illustrate his theory of urban development course, we have found that the S curve, similar to increasing sine wave, fits better in crypto-currency development.
After analyzing the urbanization of Europe and United States, Ray.M.Northam concludes that the course of urbanization will go through three phases: The first is the beginning phase, in which the level of urbanization is low, development is slow, agriculture is the driving force of economy; the second is the speeding phase, in which population concentrate rapidly in cities, the speed of urbanization is fast, many problems, such as lack of labor force, traffic jam, lack of housing, deterioration of environment, grow with the concentration of population and industries in cities. When car is widely used, many people and companies move to suburban area, which causes suburban area to urbanize; the third phase is the mature phase, in which the level of urbanization is high, the population growth rate is going south, even to zero.
After thoroughly analyzing which way crypto-currency should adopt to develop, we believe that it is critical to take market maturity rate and access of coins to consideration in production rate designing. Consulting "Northam Curve", PeonyCredit uses a "S" curve to be its production curve. First phase is the beginning, the participation of miner is little, application is at early stage, few people are using it, the production is small; the second phase is the speeding phase, with the development of applications, the ecosystem of PeonyCredit has been established and developed, the demand is increasing, so the production is getting higher to meet the demand of market, in the same time, making all participants to be able to get PeonyCredit at relatively low cost. This design is different from other crypto-currencies, of which participants have to buy coins from early players at high price; the third phase is decreasing phase, in which the production is lower, the system does not encourage users to mine by rewarding. In this phase, the market and ecosystem of PeonyCredit is more mature, business modes have been built on multiple business applications, users are encouraged to participate in ecosystem building and application developing.