http://www.mlkcoin.com/images/mlkcoin.jpgAnnouncing the launch of MLK Coin, a secure, scrypt-based, open-source, digital currency.
WEBSITE http://www.mlkcoin.comSOCIAL Twitter @MLKCoins
https://twitter.com/MLKCoinsSPECIFICATIONS Block Time: 2 minutes
Block Reward: 3.5 coins
Halving: Yearly
Algorithm: Scrypt
Total Coins: 2,000,000 (2M)
Premine: 10% for marketing disbursement
RPC Port: 6744, Network Port: 6745
WALLETS http://www.mediafire.com/download/hacdiftc99j29j3/MLKCoin-QT.zipSOURCE FILES https://github.com/MLKCoinPOOLS http://MLK.LuckyPool.cn More to come!
Initially the only coins that will be available will be those distributed to black charities and black-owned businesses to be listed on our web site and Twitter as they accept. Coins will be dispersed in installments, again as to protect flooding the supply at any given time. If adopted as a fund-raising and transactional medium, MLK Coins are expected to gain value and flourish as their demand increases.
Supply - At just 2 Million total coins, MLK Coin will be among one of the rarest alternative cryptocoins available. Many times rarer than BitCoin (21M), LiteCoin (84M), DogeCoin (>100M), NameCoin (21M), AuroraCoin (30M), or BlackCoin (No Limit). Scarcity is important as many coins have too much supply and not enough demand which tends to diminish the value and longevity of the coins.
Demand - MLK Coin will be only 10% pre-mined allowing for miners to effectively mine coins and enter them into the market place fairly over time without flooding the market. In time, certain exchanges are expected to open up trading of MLK Coin so that the general public can buy and sell coins.
For more information visit our website at
http://www.MLKCoin.com and follow us on Twitter @MLKCoins.
