RCoin
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After the previous failure that was RCoin-v1, I have rewritten the code. Now we do not have any of the previous bugs.
We do not need transactions in order to mine.
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RCoin is a decentralized peer-to-peer currency building upon the ideas of Bitcoin. In comparison with other cryptocurrencies, RCoin does not eliminate transaction fees, nor keep them at ridiculously high rates even for small transactions. Transaction fees are determined as a fixed 1.5% of a transaction’s amount. RCoin is designed to be ASIC resistant by requiring relatively large amounts of memory per hash (6-12MB).
Latest Version
The current version is RCoinPlus-v1
Information
* RCoin uses the Scrypt hashing algorithm.
* RCoin DOES NOT USE A BLOCKCHAIN, but simply keeps track of every transaction (this means no transaction fees, and near instant transactions)
* You can mine a block every 5 minutes.
* Solo-mining is feasible.
* No more coins after 7 years. (You will earn negative coins if you try to mine after then.)
* Estimated total supply: 25540000 RCN.
http://tinyrcoin.github.io
My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda