Website:
http://www.tinyurl.com/wallobservercoinIRC: freenode #WallObserverCoin
WallObserverCoin (WOC) is a new cryptocurrency that uses the Proof of Post (PoP) protocol.
It was launched on 2013-04-16.
decentralized, fair launch (no premine), no special hardware required How does PoP works?People can mine WOC by posting at the official website.
Every post is a new block worth 1 WOC, except posts containing WOC-transactions.
1 WOC can not be divided.
Important rule: you can't mine a block for someone else (so no pooled mining!)
How to spend WOC?Transactions can be broadcasted by using the folowing protocol:
1) find an unspent output you own
2) quote the unspent output
3) state the receiver of the WOC
4) broadcast the transaction by posting this information at the website.
Specifications* Max supply: no maximum
* Block reward: always 1 WOC
* Block time: SPAM prevented by the MODs
* Difficulty: NaN
Donations for general developmentWOC: dnaleor @ WallObserver
BTC: 16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW
Unofficial downloads and links* GUI: TBA
* Blockchain explorer: TBA
* Forum: TBA
* Exchanges: TBA;
* OTC trades: Contact dnaleor @ WallObserver