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Author Topic: [PRE-ANN]GenesisCoin|ASIC resistance|Profit calculator included|18h GMT  (Read 455 times)
pttinh (OP)
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March 17, 2014, 02:18:37 AM
 #1

Hi all,
please notice that our coin will launch in more than 15 hours.


Algorithm: Scrypt-Progressive-N with optimized schedule, start time is 00:00:00 MAR. 16,2014 GMT and N adapter increases each 365 days, start at N = 2048 and end at N = 1899504000
Symbol: GNS
Max Coins: 30 billion
Block time: 60 seconds
Block Rewards: 20000 coins per block
Decrease: 5% every 86,400 blocks (~60 days)
Difficulty Re-Target Time: start with 0.000244. From block 1 to 1439: retarget each 40 blocks, From 1440: every block using Kimoto Gravity Well algorithm
Coin maturity: 120 blocks
RPCport: 44669
P2Pport: 44668
Each block you have 0.138% to get gold block (x10), 0.27% to get sliver block (x6) and 0.55% to get bronze block (x3). That means we have 2 gold blocks, 4 sliver blocks and 8 bronze blocks per day
Premine: 1% for bounty and for the future work

This is our official topic: https://bitcointalk.org/index.php?topic=518258.0

Come with us. You're welcome.
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