Topic: [ANN] HazardCoin, a unique scrypt based coin based on time - page 4. (Read 4993 times)
Third!
oh ......
so ....
so ....
I will be creating the first pool for this server @ http://hzc.hackshardgaming.net As soon as it is ready.
Name is a placeholder and will be changed before the final release
Preliminary HazardCoin features:
Retarget every 6 hours
5 minute block target time
^ Both largely irrelevant because... Block reward will be based on the amount of time passed since last block found. This unique mechanism will set it apart from all other altcoins, and also accomplishes the following:
* Make premining and instamining impossible
* Keep a steady and predictable coin generation rate
* DDOSing pools to decrease difficulty will accomplish absolutely nothing
* Discourage pool/coin hopping
* Provide incentive to continue mining even when network hash rate goes down (i.e. feathercoin)
The biggest place other altcoins have failed is in how they have been released. To ensure the smoothest launch possible:
* Release date will be announced at least 24 hours in advance.
* Password protected zip files containing the binaries will be posted 30 mins before release.
* By design, the coin will be impossible to premine or instamine
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