SlothcoinA (OP)
Newbie
Offline
Activity: 2
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 06:35:29 AM |
|
https://i.imgur.com/UkMip43.pngSlothcoin
Download version 1.1, it's mandatory!
What is Slothcoin? Slothcoin is a peer-2-peer cryptocurrency created for having fun and in the mean while revolutionizing currencies. It is based on the idea of dogecoin and combined with some more advanced aspects like the sha3 encryption algorithm, which equals out the difference between nVidia and ATi cards and is more secure than sha256-like encryption algorithms. A total amount of 100,000,000,000 coins will be mined in the creation process, ensuring that there are enough coins for everyone and that Slothcoin will not become a comma-currency like Bitcoin. A small period of 100 blocks is used to let the network build up and prevent instamining. After that, the blockrewards will be 500,000 at the start and halving every 100,000 blocks, after 600,000 blocks there will be no reward left, but transaction fees. A block-time of 2,5 minutes ensures fast transactions while in the mean time reducing orphan rates that occur with block-times below 60 seconds. Kimoto's gravity well is implemented to adjust the difficulty every 2 blocks, this will prevent multipools from taking advantage of low difficulty and ensures that the coin does not get stuck in a high difficulty scenario.
Why Slothcoin? To become a succesful currency, it has to be open to anyone and everyone. SHA3 gives us this opportunity. The SHA3 encryption algorithm is still in it's early stages and a lot of experimenting is done with it. SHA3 has proven to equalize the line between nVida and AMD video cards, to use less energy for more hashing power and to be more secure in encrypting transactions. These things are all great but, there are 3 other major advantages to SHA3. There are no multipools currently hashing on SHA3, as it is inefficient because there are too few SHA3 coins. There are currently no ASICS for SHA3 in development. It is way better for your hardware, as your videocards are not stressed out to their maximum capability. These 3 advantages will give us a currency that is open to anyone and a currency open to anyone will bring a lot of people into the cryptocurrency world. Whether they are here for the fun or here to make money, everyone is welcome.
Technical Specifications Algorithm: SHA3 keccak Block Time: 150 Seconds Difficulty Retarget Time: 2 blocks Premine: very small; 0,2% for bounties Ports: 5108(RPC), 5107(P2P)
Reward schedule Block 1-100: 10,000 Sloth Block 100-100,000: 500,000 Sloth Block 100,000-200,000: 250,000 Sloth Block 200,000-300,000: 125,000 Sloth Block 300,000-400,000: 62,500 Sloth Block 400,000-500,000: 31,250 Sloth Block 500,000-600,000: 15,625 Sloth
Useful links slothcoin on IRC slothcoin on twitter Note: there is a bounty of 3 million Sloh for a reddit tipbot, contact me if interested. slothcoin on reddit Slothcoin on facebook
Wallets Windows: Windows wallet 1.1
OSX: OSX wallet 1.1 Compiled by instacash, if you liked it donate BTC to: 1CqVUHHVVQXqad4YAneykGvdDRsLb4rB2k
Source: https://github.com/thimod/Slothcoin
Calculators Miners for SHA3 KeccakCPUminerCPUminer for WindowsCPUminer for OSXCPUminer for LinuxExample: minerd.exe -a keccak -o stratum+tcp://pool-url.com:port -u worker -p passwordCUDAminerCUDAminer for WindowsCUDAminer for OSXExample: cudaminer.exe -a keccak -o stratum+tcp://pool-url.com:port -u worker -p passwordCGminerCGminer for WindowsExample: cgminer.exe --keccak -o stratum+tcp://pool-url.com:port -u worker -p passwordList of poolsFirst 5 are rewarded 1,000,000 http://sloth.imine.athttps://sloth.nicemining.pw/https://sloth.crunchharder.net/ http://sloth.miningwith.us http://dwarfpool.com/slothP2P poolsBounty of 2,000,000 Sloth for a P2P poolFirst 2 Are rewarded 1 2 Exchanges https://www.atomic-trade.com/https://cryptorush.in/index.php?p=trading&m=SLOTH&b=BTC Block explorerIn the makingOfficial faucetIn the makingDice gamehttp://fi.chickenkiller.com/slothroll/Example of slothcoin.conf [/font] listen=1 daemon=1 server=1 rpcuser=zzzzZZ rpcpassword=ZZZzzzZZ rpcport=5108 port=5107 addnode=80.112.144.84 addnode=82.139.127.205 addnode=80.112.172.234 addnode=173.209.34.107 addnode=198.23.161.59
https://i.imgur.com/UwaaFzx.png
|