BRICS-coinBRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa
(en.wikipedia.org/wiki/BRICS)
BRICS-coin aims to promote interaction between the BRICS members by providing a common financial medium of exchange.
Key features:
-Source IP verification between nodes - Only connections originating from within the BRICS borders are allowed.
-Anonymity is promoted by key substitution during every transaction: Bob stores some keys on the keyserver
(automatically through wallet) and only shares his wallets default address. When Alice makes a payment to the
default address of Bob, the keyserver substitutes the address with one of the previously stored addresses of Bob. The wallet
default address of Bob never appears in the blockchain.
-CPU miner POW - The miner is governed to aim to mine 100h/s, regardless of the number of CPU cores or clock speed of the CPU.
- With approx. 3 billion people living in BRICS, the maximum number of coins will be 3^9.
- POW distribution period: 1.5 years, approx. up to Dec. 2016
- Algorithm: SCrypt based
- Block interval: 20 seconds, Retarget: 5 minutes, Block reward: 1265 - constant up to 3^9 coins
- After POW the coin will switch to POS - Exact specifications of POS still to be set.
Get the wallet & miner at
http://brics.dhcp.biz