new client available
download : http://bitbar.biz/
I just recieved a PM to announce this coin.
so here you are:
The unique alternative to bitcoin.
This is a compilation of two projects by two groups: RareCoin project, and FairNova project.
It is possible to join all features in one coin, so we did just that. It is a crypto-token, designed to be investment, preservation of wealth.
Most advanced technology from Novacoin, but with public start. unique features of RareCoin.
Get your digital gold bar !
Fast, continuous difficulty and reward calculation
no foreign forum pre release
no slow diff corrections for hours of instamining
no super-blocks at start
all binaries available
reward of 1 BTB per 10 minutes and quickly dropping
BitBar is not just another simple litecoin 30 minutes done clone.
Increasing reward and speed is easy.
Those networks are more vulnerable to double spend, spam and dust, but it works.
Even bigger problem is coming. Soon, outdated difficulty adjustment will crash those networks.
Decreasing reward in Bitbar is not just a quick move.
Every parameter is simulated and than tested on a live alpha network.
-no more rounding of reward down to two decimals
-heavily reduced Stake low-limit for small number of Bars
-adequately decreased fees
-new dynamic first connection and search for new nodes. Doesn't need client update for fixing connections.
Scrypt chasing itself is no longer chain-jumping anti-resonance protection. Bitbar includes modified PPC's 'exponential moving average' difficulty/reward adjustment introduced in NVC. It's modified in a way that reward decreases a little slower, so first players don't have so much advantage over later ones.
With simulations and testing, chain should operate smoothly for years.
no high-diff crash,
no high-fee problems,
no spam and dust problem,
no connections problem.
We take lessons from competitors mistakes.
We will ask a respectable forum member for announcement. Making new account just to stay cryptonymous sounds fishy.