Sigil - SGL
Specifications:
Name: Sigil (SGL)
Algorithm (PoW/PoS): Neoscrypt/Sha-256d
Block Time (PoW/PoS): 1.5 minutes/3 minutes
Block Reward (PoW/PoS): 25 SGL/25 SGL
Circulating/Total Supply: 2,600,000/50,000,000
Difficulty Retargeting: Orbitcoin Super Shield (OSS)
P2P Port: 39654, RPC Port: 39655
Features:
Orbitcoin Super Shield
Advanced Checkpointing
Time Warp/Instamining Protection
Very Low Transaction Fees
Quick Transactions
Source Code:
Website:
Wallets:
Pools:
Explorers:
Miners:
Guides:
Social Channels:
Exchanges:
Sigil is a new and revolutionary cryptocurrency that embodies the twin ideals of security and efficiency. It incorporates the best features of both Proof of Work and Proof of Stake mining, supports multiple algorithms, and achieves enhanced security through its implementation of advanced checkpointing and retargeting throughout.
The Sigil team is developing the next generation of crowdfunding technology through the blockchain. Our goal is to provide a more efficient, transparent, and secure crowdfunding platform without taking any fees whatsoever, instead using Sigil to fund the venture. We believe we can empower the individual specifically with this platform, as it will be beneficial for all parties involved. Consumers will be allowed to retain a greater portion of any funds they raise and any transaction intended for them will be ensured through the use of the blockchain.
Sigil currently is specified to only have 50,000,000 total coins. Of those, we took a premine of 5% to cover managerial and other issues relevant to the growth and development of the coin long-term as we believe to be necessary. Here’s the complete breakdown of the premine allocation:
- 40 % (1,000,000 SGL) -------------> Marketing
- 20 % (500,000 SGL) -------------> Developers / Founders
- 20 % (500,000 SGL) -------------> Bounty Program
- 10 % (250,000 SGL) -------------> Research / Development
- 10 % (250,000 SGL) -------------> Legal
As you can see, we put aside 500,000 SGL (20% of the Premine) for an extensive bounty campaign. You can find the breakdown listed below and the complete details in the official Bounty Campaign Guide:
www.sigilplatform.com/sigil-bounty.pdf- Twitter: 20% (100,000 SGL) – Earnings: 10 – 200 SGL weekly
- Reddit: 20% (100,000 SGL) – Earnings: 0 – 1000 SGL per quality post
- Blog/Medium: 20% (100,000 SGL) – Earnings: 0 – 1500 SGL per quality article - CLOSED
- YouTube: 15% (75,000 SGL) – Earnings: 0 – 2000 SGL per quality video
- Translations: 15% (75,000 SGL) – Earnings: 0 – 2000 SGL for a quality thread - CLOSED
- Slack: 5% (25,000 SGL) – Earnings: 25 SGL on account creation/signup - CLOSED
- Giveaways: 5% (25,000 SGL) – Earnings: Varies, depending on the giveaway
[/list]
Roadmap:
Reserved Translations (No More Accepted):
New topic translation Portuguese :
https://bitcointalk.org/index.php?topic=2784716.new#newNew topic translation Espagnol :
https://bitcointalk.org/index.php?topic=2784733.new#newNew topic translation Italian :
https://bitcointalk.org/index.php?topic=2784741.new#newNew topic translation Hebrew :
https://bitcointalk.org/index.php?topic=2784757.new#newNew topic translation Brazilian :
https://bitcointalk.org/index.php?topic=2784700.new#newNew topic translation Greek :
https://bitcointalk.org/index.php?topic=2784771.new#newNew topic translation Nederlands (Dutch) :
https://bitcointalk.org/index.php?topic=2784783.new#newNew topic translation Polski :
https://bitcointalk.org/index.php?topic=2784827.new#new
