[ANN][PYC] Paycoin - Going to be hard forked soon!

[deppJ]

https://i.imgur.com/WLFlt2N.png

Paycoin is added to Cryptsy exchange. More at https://www.cryptsy.com/markets/view/92
Paycoin is added to Coinex exchange. More at https://coinex.pw/trade/pyc_btc

What is PayCoin?

Paycoin is a fork of Novacoin/Florincoin/CosmosCoin with very fast transaction time for instant payment. It uses both Proof of Work and Proof of Stake and effectively resistant to 51% attack. The difficulty re-targeted each block. The total coins mined will be 30,000,000 coins with 3 coins per block.

Paycoin is zero premined and support short transaction message.

More interesting functions is coming in Version 1.1.

Next update v1.1:
- Stratum fix, support long-pool/getwork now.
- Chinese website.
- New icons
- Current price (will work when paycoin added to exchange), next diff estimated in Client.
- Escrow service PYC/BTC and PYC/LTC with very low fees.

Specifications:

Proof of work / Proof of stake
Scrypt algorithm
Support transaction message
Fair start, no premine
No transaction fee
Diff re-target every block
3 coins per block
60 seconds block time
5 confirmations for transaction
60 confirmations for minted blocks
Total 30 million coins to be mined
Port: Connection: 9288 and RPC Port: 9289

Official Website: http://www.paycoin.co/

Exchange:
1. https://coinex.pw
2. https://www.cryptsy.com

Pool: Support getwork/long-pool pool. Not support stratum pool yet.

1. http://pay.cryptohashery.com (with stratum) new!
2. http://pyc.botpool.net (Thanks to Botpool)
3. http://www.paycoinpool.com
4. http://pay.coinmine.pl (Thanks to feeleep)

Source Code Download:

Directlink: http://paycoin.co/download/Paycoin101-Source.zip

Github: https://github.com/paycoin/paycoin (ver 1.01)

Download:

Client Windows QT: http://paycoin.co/download/Paycoin101-QT.zip

Server: http://paycoin.co/download/Paycoin101-Server.zip



Sample paycoin.conf:

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=9289
rpcconnect=127.0.0.1

Getting Started:

1. Start up paycoin-qt, wait for it to load, then exit.
2. Put paycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/paycoin
3. restart paycoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
    cgminer ex: cgminer.exe –scrypt -I 20 -s 1 –expiry 1 –queue 0 -g 1 -o 127.0.0.1:9289 -u username -p password

Support Paycoin:

To support Paycoin, please send donation to LTC address: LSzk217LAHp9yoXGxbf6bvdhqpbohv3CUs

[aTriz]

First pool up!

http://pay.scryptmining.com

Connetion Info

stratum+tcp://mine-pay.scryptmining.com:8881


Features

    Stratum only
    Proportional Payouts per Block (after minimum requirements by pay). No PPLNS warmup!
    Variable Dificulty per Worker

[captainfuture]

cant download client

[stevenb]

Compiled QT, got 10 blocks so far, mostly orphan

[stevenb]

It seems very big hand jumped in. BTW, good name coin!

[denned]

http://paycoin.co/download/Paycoin-QT.zip

fork of Novacoin/Florincoin/CosmosCoin

Why not add Argentum?

[bybitcoin]

question: when all the 30 million coins are mined, what will miners get to hold it up, when there is no transaction fee? 

[Magic8Ball]

PA3dVNGLa1nRxhUw8LBWSN7QsjifsDepPP  <- First donation request

Getting only 4 connections. Any other nodes?
Has been a long time since I tried solo mining any coin.

[tytanick]

question: when all the 30 million coins are mined, what will miners get to hold it up, when there is no transaction fee? 

after few yeaars of mining i suppose that many altcoins will disappear
so it doesn not matter now
there will be many many more coins in future

[denned]

question: when all the 30 million coins are mined, what will miners get to hold it up, when there is no transaction fee? 

PoS

[NickCoin]

too many orphans and connection won't go higher than 4 - is this configured on purpose so the dev can premine everything?

[NickCoin]

Going to let this run while I watch a movie

[denned]

too many orphans and connection won't go higher than 4 - is this configured on purpose so the dev can premine everything?

"addr" : "168.63.216.254:9288",
"addr" : "188.252.16.109:9288",
"addr" : "98.242.172.164:58151",
"addr" : "113.162.171.60:56095",
"addr" : "117.7.97.6:57907",
"addr" : "178.124.119.241:58844",
"addr" : "219.90.146.132:49859",
"addr" : "178.191.244.142:59174",
"addr" : "113.162.145.219:38520",
"addr" : "46.229.50.42:19809",
"addr" : "219.90.146.132:52102",
"addr" : "[2001:0:4137:9e76:24f7:4c21:8e5d:6e24]:9288",
"addr" : "212.179.64.66:12674",
"addr" : "188.165.218.116:40890",
"addr" : "178.122.12.49:64955",
"addr" : "203.210.135.221:57728",
"addr" : "111.69.195.253:61974",
"addr" : "152.1.193.139:47024",
"addr" : "158.144.58.177:65045",
"addr" : "[2001:0:9d38:6ab8:380e:a596:d588:758a]:9288",
"addr" : "96.47.226.20:64120",
"addr" : "[2001:0:9d38:953c:856:5aa:8cb3:f182]:9288",
"addr" : "46.4.74.197:42110",
"addr" : "119.185.203.137:29416",
"addr" : "82.24.134.217:60540",

[feeleep]

pool open:

http://pay.coinmine.pl
Stratum: 7040
fee: 1%

feeleep

[NWO]

At least the logo doesn't look like a quick paint job 

[Magic8Ball]

Thanks.

Just mined an orphan. I will stop if I manage to get 1 block.

[cryptohunter]

this is the only coin from the last 40 or so that will not allow my pcs to connect through my local network and mine on my primary pc wallet???

what is happening with this coin/?

[jdwi31]

res

[captainfuture]

2. Put paycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/galaxycoin

 

[cryptohunter]

2. Put paycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/galaxycoin

 

working great in my galaxycoin folder?