Coalcoin is a fork of Litecoin, Coalcoin aims to be a general-purpose currency, encompassing small businesses, industries, and individuals. Coal hopes to be the new mining standard, anyone with one arm can mine coal, or anyone with a computer can mine coalcoin.
Although it is true that with only one CPU or GPU you can mine Coalcoin, the algorithm used, (Scrypt), allows the entry of ASICs, so after a few weeks, mining with CPU become inefficient.
Coin Specs:
Name: Coalcoin
Ticket: COAL
Premine: 1% (450k) - all for pay masternodes, pools and stuff. (i add other 1%, read the discord to undertend, we make a ecosystem with GoldCash)
Supply: 45millon
Block Time: 5minutes
Diff Retarget: 10minutes
Algorithm: Scrypt
Block Reward: 53
Halving: 4 years(420k blocks)
Codebase: Litecoin
Block Size : 2MB
Matury : 24 BLOCKS(2 hours)
Identifier: C
(No ICO or PreICO, we dont allow shit)
Rewards:
Masternode 50k : 3/3
Mining Pool 50k: 2/2
Block Explorer 20k: 1/3
Logo 5k: 1/1
Exchange 35k: 0/1
CONTACT ON DISCORD
Launch Date: 5/7/2020
Github:
https://github.com/Coalcoin-COAL/CoalcoinWebsite:
https://coalcoin.network/Discord:
https://discord.gg/gr35h82Exchange:
https://coinix.xyz/BTC?c=COALThe currency was programmed locally, on launch day everything will be uploaded to github.