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Author Topic: [ANN] [AKY] Akuya Coin - SHA 256 Decentralized Cryptocurrency  (Read 14622 times)
Akuyacoin
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September 19, 2017, 07:57:47 AM
 #1

    AKUYACOIN
    DECENTRALIZED CRYPTOCURRENCY




    WHAT
    Akuyacoin is a truly decentralized, 3 million premined, mine-able, proof-of-work global public currency. The unit of exchange is AKY, and began in August 2017.

    WHY
    Akuyacoin was created to solve a problem which exists with the supply economics of many public coins. The reward schedule either drops too quickly
    (like Bitcoin and Litecoin) or too slowly (like Dogecoin and Ethereum).

    Akuyacoin's reward decrease is a harmonic series, which more closely models renewable resources rather than non-renewable. This means that while it is always better to chop AKYs today than tomorrow, there will still always be an incentive to secure the network tomorrow.

    The logarithmic money supply curve is designed for stability and longevity, with the longest reward schedule of any other cryptocurrency. Half the AKYs will be released in the first 200 years, instead of the first 4 years (Bitcoin). However, every block is worth less than the preceding one - so earlier adopters are always rewarded.

    TECHNICAL DETAILS
    Akuyacoin is a public cryptocurrency like Bitcoin. There are three major changes, with design considerations listed here:

    • Proof of Work algorithm: Double Skein
      This is the first consensus network built solely with the skein hash function. Read more about Skein here We hope to encourage further use and testing of the Skein family with this coin.
    • Elliptic Curve for Digital Signatures: X9_62_prime256v1.
      To sign transactions and create public and private addresses we use the elliptic curve digital signature algorithm ECDSA just like Bitcoin. However we use a different curve as a basis to do so. This curve is perhaps the most used in the financial industry. Some people think it is better. We like to encourage cryptographic diversity.
    • Logarithmic Coin Release
      Akuyacoin is the first coin to use a logarithmic coin release. The akuyacutting reward is continually adjusted according to the harmonic series. From /src/main.cpp:

      int64 static GetBlockValue(int nHeight, int64 nFees) {
         int64 nSubsidy = 3000000 * COIN;
         if (nHeight<100) return 1*COIN;
         else return nSubsidy/nHeight + nFees;
      }

    • This leads to a total money supply S which increases logarithmically in block height n:

            log = natural logarithm
            gamma = euler-mascheroni constant
            forest = 5187377.51763962
            S = 3000000* ( log n + gamma ) ? forest[/li][/list]

    AKUYACOIN SPECIFICATION
    • Algorythm Coin Scrypt : SHA - 256
    • POW/POS : Pure POW
    • Maximum Coin Supply : 23 Million
    • Premined : 3 Million
    • Time Between : 2 Minutes
    • Block Reward : 50 AKY

    AKUYACOIN WEBSITE
    WEBSITE

    AKUYA COIN WIN WALLET
    DOWNLOAD

    SOCIAL MEDIA
    FACEBOOK
    TWITTER
    INSTAGRAM

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    Javi_Anibarro
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    September 19, 2017, 08:03:12 AM
     #2

    Quote
    Akuyacoin is a truly decentralized, 3 million premined, mine-able, proof-of-work global public currency. The unit of exchange is AKY, and began in August 2017.
    So it has been started before ? Relaunch project ?
    because if i remember it correctly that we are in September right now not August,right?
    But why in the website i can not see anything and only 'Coming Soon' or something like that.

    Quote
    Half the AKYs will be released in the first 200 years
    You must be a visionary person,
    reserving the coin for the next 200 years later on.


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    sssergy
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    September 19, 2017, 09:20:00 AM
     #3

    AKUYACOIN DOWNLOAD WALLET
    ]http[Suspicious link removed]

    gargouri20011
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    September 19, 2017, 10:49:49 PM
     #4

    false alert  Wink
    kurniawanj
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    September 20, 2017, 03:55:28 AM
     #5

    ponzi ref style

    i doubt this coin will make trough 6 month
    cryptodust
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    The Next Big Thing


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    September 23, 2017, 03:46:55 PM
     #6


    Another PONZI Coin again
    DraGonD
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    October 16, 2017, 11:16:45 PM
     #7

    How the hell is this coin worth $5.04   0.00088000 BTC   ??

    thaidv
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    October 17, 2017, 03:53:57 AM
     #8

    How to mining Akuya coin?  Huh Huh Huh
    keseoma
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    October 17, 2017, 03:56:52 AM
     #9

    Wow, marvel detected ....
    thomasmining
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    October 17, 2017, 04:05:48 PM
     #10


    Diff low please update high diff. Thanks
    Sumimoto
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    October 17, 2017, 05:38:02 PM
     #11

    ~40 PH/s

    U got to be kidding me... There is no chance poor guys like me can make at least something. Diff is skyrocketing....
    thomasmining
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    October 17, 2017, 08:49:41 PM
     #12

    fuking scam pool and fucking you @dmitriy79
    Sumimoto
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    October 17, 2017, 08:53:17 PM
     #13

    fuking scam pool and fucking you @dmitriy79

    Completely agreed with you. Lost a shit ton of money and time.
    morenho
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    October 17, 2017, 08:57:40 PM
     #14

    sha 256 full pow? I'm just gonna take my asics from BTC and put them here....  Tongue

    thomasmining
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    October 17, 2017, 08:59:53 PM
     #15

    fuking scam pool and fucking you @dmitriy79

    Completely agreed with you. Lost a shit ton of money and time.


    Now him will happy with    
    shit scam of mining people
    Sumimoto
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    October 17, 2017, 09:23:36 PM
     #16

    He deleted all info, regarding his pool. Ass.

    Don't worry, pidrila, the wall of justice will get ur ass
    richintucson
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    October 18, 2017, 03:09:12 AM
     #17

    So I'm just looking at this on coinmarketcap.com
    Somebody fill me in, is this a SCAM?
    TakeSR20
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    October 19, 2017, 10:23:15 AM
     #18

    So I'm just looking at this on coinmarketcap.com
    Somebody fill me in, is this a SCAM?

    What are your thoughts based on what you see on coinmarketcap.com? I guess this will answer your second question  Wink
    CryptoMcBitcoin
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    October 19, 2017, 07:56:56 PM
     #19

    Quote
    Akuyacoin is a truly decentralized, 3 million premined, mine-able, proof-of-work global public currency. The unit of exchange is AKY, and began in August 2017.
    So it has been started before ? Relaunch project ?
    because if i remember it correctly that we are in September right now not August,right?
    But why in the website i can not see anything and only 'Coming Soon' or something like that.

    Quote
    Half the AKYs will be released in the first 200 years
    You must be a visionary person,
    reserving the coin for the next 200 years later on.



    200 years WOW
    my vision is not enough lol
    ramcrash
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    October 20, 2017, 01:39:29 AM
     #20

    How mining this coin with AMD?
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