AppleByte goes live this week. We are following a sightly different launch plan than most of the new altcoins here. It may not be popular with all the miners here, but we believe it is the best for building community support, which is the key to longterm value.
Our Launch Plan & PhilosophyDev Team was paid in Bitcoin (funded through our Crowd Funding Campaign), not premine. You can verify that here:
Indiegogo CampaignWe funded the AppleByte Foundation with a 25% Premine - Which will be used as Artist Scholarships & Awards over the next 8-10 years.
(
no Air Drop to dilute the value)
We want to encourage the user community (defined as the artists & art lovers of NYC, as well as the miners) by giving them the opportunity to mine, before the whales jump in.
Therefore we are only releasing the MAC & Windows wallets at launch. The source code will not be released for 3 - 6 months, as the vast majority of the whales run linux.
We will have one official pool server.
The wallet has a built-in tab for solo & pool mining.
Technical SpecificationAlgorithm: Scrypt
Target of maintaining approximately 1,000,000,000 AppleBytes
Block Time: 120 Seconds
Difficulty Retarget Time: DGW2
Automatic Checkpointing
DNS Seeds
Halves approx. every two years
Approx. 1 billion total coins, plus 0.5% inflation after year 8
Block 1-1250: Premine - 25% to fund the AppleByte Foundation
Block 1,251 — 500,000: 800
Block 500,001 — 1,000,000: 400
Block 1,000,001 — 1,500,000: 200
Block 1,500,001 — 2,000,000: 100
Block > 2,000,001: 20: Approx. 0.005% per year
Announce Thread:
Announce ThreadWebsite:
AppleByte.meCrowd Funding Campaign:
Indiegogo CampaignFacebook:
AppleByteMe FB PageTwitter:
AppleByteMe TwitterReddit:
AppleByteMe Reddit
