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Topic: [ANN][ARC] New Cryptocurrency Argcoin - page 2. (Read 2203 times)

legendary
Activity: 1162
Merit: 1000
August 20, 2013, 04:15:54 PM
#6
what do you mean no pre mine? First 5000 blocks were mined 3 days ago
member
Activity: 98
Merit: 10
August 20, 2013, 04:14:56 PM
#5
- Block reward is reduced monthly 2% (every 8460 blocks)

Umm... it may be a very quick month.   At block 6670 now, and more rolling in fast.
sr. member
Activity: 464
Merit: 252
August 20, 2013, 03:53:28 PM
#4
"blocks" : 5595,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00097655,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 5991794,
"pooledtx" : 0,
"testnet" : false
member
Activity: 98
Merit: 10
August 20, 2013, 03:53:23 PM
#3
Well well, no premine in the code?  

Code: (https://github.com/ARC-argcoin/argcoin/blob/master/src/main.cpp#L830)
int64 static GetBlockValue(int nHeight, int64 nFees)
{
// initially 100 coins reward
// and will be reduced 2% monthly

int64 nSubsidy = 100 * COIN;
int months = (int)(nHeight/8640);


if(months > 0)
{
nSubsidy *= pow(0.98,months);
}

    return nSubsidy + nFees;
}
member
Activity: 98
Merit: 10
August 20, 2013, 03:51:17 PM
#2
Please let me introduce you the new Cryptocurrency named Argcoin [ARC]. Is the first electronic currency developed in Argentina.

Info:
- 5 minutes block target
- 42,000,000 coins
- 100 coins block reward
- Block reward is reduced monthly 2% (every 8460 blocks)
- It will take 20 years to mine all coins.
- The focus of this coin is to fight inflation (currently around 30%)

more information at http://www.argcoin.com

A more useful link would be the code repository:  https://github.com/ARC-argcoin/argcoin
newbie
Activity: 3
Merit: 0
August 20, 2013, 03:49:01 PM
#1
Please let me introduce you the new Cryptocurrency named Argcoin [ARC]. Is the first electronic currency developed in Argentina.

Info:
- 5 minutes block target
- 42,000,000 coins
- 100 coins block reward
- Block reward is reduced monthly 2% (every 8460 blocks)
- It will take 20 years to mine all coins.
- The focus of this coin is to fight inflation (currently around 30%)

more information at http://www.argcoin.com
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