MaxCoin
MaxCoin (MAX)An alternative cryptocurrency disrupting the already rather disrupting crypto market.
DownloadsWallet (
Windows |
OSX |
Linux)
CPU Miner (
Windows)
CUDA Miner (
Thread)
ExchangesYobitJubiPoolsMiningPoolHubBlock ExplorersCoinpayments Services Maxcoin blockchain explorer APIMoreMaxCoin ForumMaxCoin NewsMaxcoin Knowledge BaseCrowd Fund Maxcoin DevelopmentQuick Technical SpecificationsBTC Scrypt or SHA-256? Keccak (SHA-3)
BTC How many coins? ~100,000,000
BTC Block reward? 16 MaxCoin per block, halving every 4 years
BTC Difficulty? Retargeting using Kimoto Gravity Well algorithm.
BTC Block time? 60 seconds
BTC Ports? 8668 for P2P, 8669 for RPC
Some more informationOne of the most important things for MaxCoin was to achieve a fair launch. In the current world of 100-alts-per day achieving a fair distribution at launch seems like a rare occasion. MaxCoin had a zero % premine, proven by the timestamps of the first blocks in a block explorer, and we have attempted to combat low-difficulty instamining with a fast retarget rate up until block 200. At block 200 the Kimoto Gravity Well implementation took over the retargeting. You can read more about KGW and it's benefits against pool hopping issues (such as coins stuck in high difficulty)
here.
After we filmed the show we decided releasing the coin binaries and source at show's airing in our timezone would be unfairly beneficial to those also in our timezone, and those that live elsewhere or had simply yet not heard about the coin would be disadvantaged. For this reason we set a hard deadline for the release of the MaxCoin clients as
7.30PM GMT on Thursday the 6th February 2014 to allow the news of the coin's launch to spread, and to provide a fair chance for everybody to prepare and mine at official start time.
Keccak is of the SHA-3 family, winning a 5-year long competition to create the successor or an alternative to SHA-2 (Bitcoin uses SHA-256, a member of this SHA-2 family). You can read more about the SHA-3 family in relation to Bitcoin in the Bitcoin Wiki under
Future Hash and you can read more about the hashing algorithm Keccak
here. You
pronounce Keccak like "Ketchup".
Common Questions and Their Respective AnswersQ: Can I mine MaxCoin? How?
A: Everything you need to mine is available on our github page
here. You can also point your miner at the mining pools listed at the top of the page.
Q: I am on Windows... can I mine?
A: Yep, there will is client for all major OS.
Q: What about Mac though?
A: Yep! A client there is a client for Mac too! All major OS!
Q: Linux?
A: ... Yes. Linux also.
Q: So is it CPU only? Will I be able to use my Butterfly Labs ASIC when it arrives (... any day now...)?
A: Using Keccak as a hashing function renders current Bitcoin ASICs and the upcoming Scrypt ASICs useless on the coin. GPU parallelization of Keccak
is possible.
Q: Can I buy MaxCoin?
A: Yes you can buy MaxCoin at the exchanges listed at the top of the page.
Q: Can I help with MaxCoin?
A: Yes! Please get in touch if you'd like to throw your skillset at the coin. We're more than happy to have people come on board and help out and teach us things we may not know. We have already had some guidance from leading cryptography researcher Prof. Nigel Smart and are very open to learning more. Additionally, Max is using the MAX he mines in addition to some BTC to fund cryptocurrency startups and apps via StartJOIN. Check it out, sign up, build something. Get involved!
Q: Haha! I saw your laptop said 'Aborted' on the television! ROFL!
A: This is actually supposed to happen. It's ugly, but it's true. See
here and ctrl+f 'error' or 'aborted' - it happens both when generating the merkel hash and when generating the genesis block. We told Max this happened ahead of the filming but he requested we keep it in for legitimacy instead of some CSI style zoom to enhance or
two person keyboard hacking.
Q: I have a question that isn't listed as a common question, can you add it to the common questions?
A: If a question occurs a bunch of times and we know the answer then we will put it up here. Ask away.
Stuff That Doesn't Fit Into The Other SectionsAs I mentioned above, here are some things that are addressable right now that we'd like people to get in touch about. I will be adding to and growing this list during the week as goals are achieved and additional infrastructure is created.
Mining pools: We'd like to encourage the creation of as many mining pools as possible to distribute the network hashing power. We've listed the main pools we know of at the top of the page!
Other altcoin services: If you run an exchange, a market cap site, an altcoin service, (etc), and would like to list or implement MaxCoin, please also get in touch.
Tl;dr - SHA-3 coin. Launched 7.30PM GMT on Thursday 6th February 2014. More info can be found via Twitter
@MaxCoinProject. Not a fork of dogecoin.
