"[Ashata Nakaawa] The Times 29/Mar/2026 — Digital currency challenges traditional banks"
What is Octcoin?Octcoin is a new proof-of-work cryptocurrency based on Bitcoin Core, secured by the SHA-512 double hashing algorithm (SHA512d). It is designed for fair mining and decentralized distribution from day one.
Genesis Block
# ./genesis_miner.exe
================================================================
OCTCOIN GENESIS MINER SHA512 (Pure C++)
================================================================
timestamp : [Ashata Nakaawa] The Times 29/Mar/2026 Digital currency challenges traditional banks
pubkey : 0417e50200999353e798931f...
time : 1774724992
bits : 0x1d003fff
value : 5000000000 ata
threads : 8
merkle : 34eaea01d449a8b07dad71bab9aa0c95be0855c2a4c1aa379906b4c27dc4c7aa
================================================================
Target : 000000003fff0000000000000000000000000000000000000000000000000000
[8 CPUs] [..............................] 13.86M H/s | total: 27.71M | elapsed: 2s | ETA: 0.1h
================================================================
GENESIS FOUND !
================================================================
nonce : 40882966
genesis hash : 0000000012b27e5c13e35cf4de35b4379eeaea34c092d5aa24a30bdb1a9485e6
merkle root : 34eaea01d449a8b07dad71bab9aa0c95be0855c2a4c1aa379906b4c27dc4c7aa
time : 1774724992
bits : 0x1d003fff
elapsed : 3.0 sec
================================================================
Copy into src/kernel/chainparams.cpp :
genesis = CreateGenesisBlock(1774724992, 40882966, 0x1d003fff, 1, 50 * COIN);
assert(consensus.hashGenesisBlock == uint256{"0000000012b27e5c13e35cf4de35b4379eeaea34c092d5aa24a30bdb1a9485e6"});
assert(genesis.hashMerkleRoot == uint256{"34eaea01d449a8b07dad71bab9aa0c95be0855c2a4c1aa379906b4c27dc4c7aa"});
Network Parameters- P2P Port: 8555
- RPC Port: 8554
- Algorithm: SHA-512
- Block Reward: 5000000000 ata
I reduced the difficulty to 0.25 (0x1d003fff) compared to Bitcoin 1. Initially, blocks will be found in less than 2 minutes, but as the difficulty adjusts, the block time will be adapted accordingly.
Telegram Community[https://t.me/OctcoinCommunity]
[https://t.me/OctcoinCommunityChat]
Discord Community [https://discord.gg/33G9XmeD4]
I am available here
ashata.nakaawa@gmail.com for any questions and construction.
Mining starts now. Join the network.
