Photon is a cryptocurrency using the Blake 256 Algorithm. It is a new project designed to function well now and with future technology in mind.
Photon is the second coin to use this unique design (modeled after Blake Coin) and will be merge-mined soon in a pool with Blake Coin.
The algorithm was written as a candidate for SHA-3, Based on round one candidate code from the Sphlib 2.1 library and reduced the round function to 8 rounds.
ADVANTAGES
Design
simplicity of the algorithm
interface for hashing with a salt
Performance
fast in both software and hardware
parallelism and throughput/area trade-off for hardware implementation
simple speed/confidence trade-off with the tunable number of rounds
Security
based on an intensively analyzed component (ChaCha)
resistant to generic second-preimage attacks
resistant to side-channel attacks
resistant to length-extension
Block Explorer / Crawler
http://162.243.101.139:2750/ Contact
Dev @cinnamon_carter on Twitter
SPECIFICATIONS
Blake-256(optimized) is faster than Scrypt, SHA-256D and Keccak
Each Block award is 32768 + inflation (square root of (difficulty * block height))
No reduction of block reward
Cap in place to reduce difficulty jumps upward.
Block target time is 3 minutes and retargets every 20 blocks
Total of 90,000,000,000 coins (yes 90 Billion --- Photons are plentiful in the universe)
Block maturity 140
GPUs run even cooler than SHA-3 while mining blake-256. Thus saving electricity and carbon footprint.
Bitcointalk thread:
https://bitcointalk.org/index.php?topic=478136.0Cryptocointalk thread:
https://cryptocointalk.com/topic/5903-photon-pho-information-now-on-atomic-trade-exchange-no-preminePOOL
http://photon1.blakecoin.com (Miner available from pool's "getting started" section)
EXCHANGE
https://www.atomic-trade.comGiveaway:https://cryptocointalk.com/topic/7064-new-photon-giveaway-minimum-2500-each-bonus-awardsNote: Posting wallet address on this thread will get you banned on BTCtalk.
