"[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 -t 1774724992 -b 0x1d03fffc
================================================================
OCTCOIN GENESIS MINER SHA512 (Pure C++)
================================================================
timestamp : [Ashata Nakaawa] The Times 29/Mar/2026 Digital currency challenges traditional
pubkey : 0417e50200999353e798931f...
time : 1774724992
bits : 0x1d03fffc
value : 5000000000 ata
threads : 8
merkle : aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7db0a849d401eaea34
================================================================
Target : 00000003fffc0000000000000000000000000000000000000000000000000000
[8 CPUs] [####..........................] 56.81M H/s | total: 672.82M | elapsed: 36s | ETA:
================================================================
GENESIS FOUND !
================================================================
nonce : 659482044
genesis hash : 00000000653efce6cafb0038c31d2ebe9c053af4c6c94cc2e4a8f311b3473969
merkle root : aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7db0a849d401eaea34
time : 1774724992
bits : 0x1d03fffc
elapsed : 36.9 sec
================================================================
Copy into src/kernel/chainparams.cpp :
genesis = CreateGenesisBlock(1774724992, 659482044, 0x1d03fffc, 1, 50 * COIN);
assert(consensus.hashGenesisBlock == uint256{"00000000653efce6cafb0038c31d2ebe9c053af4c6c9
assert(genesis.hashMerkleRoot == uint256{"aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7d
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.[/list]