This is a 50th generation cryptocurrency.
This coin uses an all-new algorithm designed to be resistant to CPU, GPU, and ASICs.
Specs:
PoW algorithm: supersecure
Premine: ABSOLUTELY ZERO!
Block reward: 0.01 1000C
Block time: 5 minutes
Retarget: 1 blocks
Starting difficulty: 1 x 10^-1000
Max supply: 1000
NO premine
90% demurrage / year
10% PoS interest / year
Coin Ammount Value
Bitcoin 21 million $750
AlgoCoin 1000 $? (maybe 21,000 * 750)
Very profitMining involves forking the source code of litecoin or quarkcoin and generating a post on BCT announcing a new cryptocurrency. The name is picked with a special algorithm that finds a random word in the dictionary. Once you
generate a new cryptocurrency, you generate a block. 90% of hashing power goes to this.
More info.
stay tuned.
0.0001 ALGC to anyone to prove it is CPU resistant
get in while you can!!!
If you choose to change the Genesis block reward of your cryptocurrency to 1000000, you get a bonus 0.1 ALGC from the premine.
This appeals to the masses because everyone can have their own pump and dump coin. If everyone in the world generated a block, this would
end poverty!
Mining uses supercomputers AKA Cerebrum.
Much cryptocurrencyDISCLAIMER: Since Cerebrum is modeled with supercomputers, this coin is not resistant to supercomputers.This is a joke
ROFL
