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Topic: [ANN] Quantumcoin - page 3. (Read 3445 times)

legendary
Activity: 2660
Merit: 1096
Simplemining.net Admin
June 03, 2013, 04:02:34 AM
#2
but 800 blocks premined ?
member
Activity: 90
Merit: 10
June 03, 2013, 03:55:40 AM
#1
After playing around some time with the code of Litecoin I'm now finished with my own little blockchain.

  * based on the latest version of Litecoin
  * total of 256 million coins
  * block maturity after 100 confirmations
  * block value is cut in half every 256000 blocks
  * dynamic retarget interval and target timespan

The target spacing and the retarget interval depends on the networking hashrate. The maximum target spacing is 240, the minimum target spacing is 120. The maximum retarget interval is 15, the minimum retarget interval is 3. Those parameters results in a maximum target timespan of 3600 and a minimum target timespan of 360.

  * increasing block value with increasing difficulty

The minimum block value is 10 and the maximum block value of 50 will be reached when difficulty reaches appr. 110. The first blocks are already calculated to reach an appropriate starting difficulty (appr. 0.4 at the moment).

The sources are available on GitHub (https://github.com/quantumcoin/quantumcoin) and should work on Linux and Windows. I could only test on Linux.

A Windows binary is now available at http://www.quantumcoin.org/files/quantumcoin.zip.

There is one DNS seed with three nodes available and seeding through IRC is also working. It should not be necessary to manual add nodes.

Enjoy.



example quantumcoin.conf:

Code:
rpcuser=quantumcoinrpc
rpcpassword=fcaa68021c224f4d9f51cead988643b2
server=1
daemon=1

example entry in the pools array of cgminer/bfgminer:

Code:
{
        "url" : "http://localhost:9999/",
        "user" : "quantumcoinrpc",
        "pass" : "fcaa68021c224f4d9f51cead988643b2"
}
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