The MemoryCoin Manifestohttp://memorycoin.org/manifesto/
1. Memory intensive hashing - Scrypt-Jane - 64MB per thread minimum
2. 6 Minute Blocks
3. Initial Block Subsidy of 24 Coins. Reduced by 5% every 7 days.
4. Minimum Block Subsidy of 0.125 Coins*
5. Grant System in Block Chain to support development and promotion
6. Based on Bitcoin source
7. No Premine
8. Total Coin Supply 1 Million in the first 2 years, 20,000 per year thereafter
Windows Executable -http://memorycoin.org/downloads/memorycoin-qt-latest.zip
Unzip the file, then click on Start.bat file to start the software. It will sync the blockchain. When the blockchain is synched, start mining by
Help->Debug Window->Console, type
Am I mining?
To check if you are mining, Help->Debug Window->Console, type
"hashespersec" : 13.61867704,
(You should see a number that is not 0 after you have been mining for about 10 seconds)
To connect to the seed nodes, Help->Debug Window->Console, type
addnode 22.214.171.124 add
addnode 126.96.36.199 add
addnode 188.8.131.52 add
addnode 184.108.40.206 add
addnode 220.127.116.11 add
addnode 18.104.22.168 add
addnode 22.214.171.124 add
Network port: 8555
To improve speed and connectivity, open port 8555 on your router
Reduction of 5% each week. 90% of coins minted in first year. 10% minted in second year. ~2% a year thereafter
Every 20 blocks, a grant is awarded. The grant size is 5 times the size of the block reward.
Coin holders vote as to which address receives the grant.
Addresses beginning MVTEoEo are eligible to receive the grant provided it receives enough votes.
To vote for a grant, send a small amount of coin to the address.
For example, to vote for the MemoryCoin Foundation, send 1 satoshi (0.00000001) to
Try that now.
You can vote for grants in order of preference.
Lower amounts represent higher preferences . . . so you should send 1 satoshi to your highest preference, 2 satoshis to your second preference etc.
Amounts are cumulative . . . so if you send additional amounts, they are added to previous amounts to determine which preference they are in your vote.
The grant are awarded every 20 blocks using a STV voting system. If your first preference is eliminated, your vote is transferred to your second preference, until one of your preferences is elected or the election ends.
You only need to vote once, and your vote will be active for all future elections. Your whole balance will count towards your vote, so the large your balance, the more influence your vote has.
You should only use one key per wallet when you use the voting system in MemoryCoin. The MemoryCoin wallet will always send change in you transactions to the first address in your wallet, helping to maintain all of your funds at a single address.
Request for Grant Proposals
If you're stuck for ideas, have a look herehttps://bitcointalk.org/index.php?topic=267877.0