Richcoin is a new innovative alt coin, based on Litecoin. It thus uses scrypt for mining.
Richcoin is built with a rich sense of "8", the number liked the most in the world. People especially in Asia think 8 represent fortune and rich. In Richcoin, we set all paramters using "8", wish Richcoin holders can keep their wealth growing up continuously.Specs
Each block rewards 88 coins, it will be halved about every 508 days. Target block time is 88 seconds. The diffculty will be retargeted every 88 blocks (or 2 hours 9 minutes and 4 seconds). Richcoin will have a total number of 88,888,888 coins!
Richcoin has a very low transacftion fee, only 1% of the current other crypto coins. It has a 3 confirmations for transaction, and 88-confirmation maturity for newly mined coins.
Richcoin will be started in a fair launch:
block 0-588: 0 coins
block 589-688: 8 coins
block 689-788: 18 coins
block 789-888: 28 coins
block 889-988: 38 coins
block 989-1888: 58 coins
block 1889-2888: 68 coins
after block 2889: 88 coins
Connection port is 28888, and RPC-port 58888.
The block 1 is a special block of 1.12 mil created by us for bounty, giveaways, various services, exchange, etc.Official Websitehttp://richcoin.net/
(Initial edition)Mining poolOfficial push pool for richcoin has been launched:http://pool.richcoin.net
point your cgminer to http://pool.richcoin.net:58889
and use the worker and password you created on the site to mine richcoin.
2% PPLNS RCH pool from txmulder, transaction fees to the miners, http://rch.01pq.comBlock explorer http://richcoin.net:2888Bounty offered for following services:
1st mining pushpool: 5K RCH (txmulder)
2nd mining pushpool: 5K RCH
1st Game Site that Accept Richcoin: 3K RCH
We will host a separate thread for giveaways.Downloads:
Windows Client Download: https://mega.co.nz/#
Source Code at Github: https://github.com/richcoin/richcoinSample richcoin.conf:
1. Start up richcoin-qt, wait for it to load, then exit.
2. Put richcoin.conf (see sample file above) in your c:/users/**yourcomputername**/appdata/roaming/Richcoin
3. restart richcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or whatever mining program you like and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:58888 -u **yourusername** -p **password** (without **)