This launch has been postponed indefinitelyhttp://www.cryptoxtc.com/Logo-500.pngWhat is CryptoXTC (XTC)Why try and be something you are not? There are lots of coins based on hype and on roadmaps that are offering "anonymous“ features, "Tor" and unachievable promises of fancy wallet applications, CryptoXTC is not that coin.
No product is every perfect in it's first release. CryptoXTC (XTC) was designed around the concepts of exponential smooth distribution, fair mining from the start and an understanding that features can be added over time -- its a launching point for other features that add value. CryptoXTC strives for simplicity combined with a reward structure that is both reasonable and interesting.
Details- Contact: dev@cryptoxtc.com
- Symbol: XTC
- X11 algorithm
- Usable block times -- 79 Seconds
- Exponential Reward strategy
- Random SuperBlocks
- Reasonable number of coins -- 50 Million
- Difficulty Retarget every block via DarkGravityWave (DGW)
- 500K XTC Premine to support support bounties, development efforts and coin stability
This combination creates a coin that is functional, interesting and fun
The Exponential Reward StrategyWe have all mined coins that by the time you get connected and all is rolling smooth, difficulty is too high and too tough to make a go at mining. CryptoXTC attempts to address this head on:
http://www.cryptoxtc.com/Rewards.pngFirst: Allow for DGW to engageBlocks 2-300: exponential increase in reward starting at 1 and finishing at 80. This approach is to avoid instamine and allow the DGW to be fully engaged
Second: Exponential DecayBlocks 300+ Rewards are based on an exponential decay formula. That effectively accomplishes block halving without the need for forking or wallet updates and provides a smooth continuous block reward decrease
Third: Random SuperBlock RewardsAdditionally, 5% of all blocks will include random SuperBlock rewards. The SuperBlock rewards are also random values based on the current reward.
For Example – if the current reward is 65, and the block is randomly selected for a SuperBlock reward, the SuperBlock reward could be as high as 65 or as low 1. If its 65 then the toal reward is 130
