I do not own ARcoin, I am no dev. This is the non-moderated topic for ARcoin. We need this topic because the dev removes a lot of posts in the original self-moderated topic. At the launch there was no wallet or pool for almost 2 hours. He and his buddies probably did a 2 hour instamine/premine. The dev has " no-premine" stated in his [ann]. This was NOT a fair launch! EDIT: the wallet was there after aprox. 1 hour.ARcoin is a medium of exchange designed around securely exchanging information which is a process made possible by certain principles of cryptography.
The first cryptocurrency to be created was Bitcoin in 2009. Since then, numerous cryptocurrencies have been created. Fundamentally, cryptocurrencies are specifications
regarding the use of currency which seek to incorporate principles of cryptography to implement a distributed, decentralized and secure information economy.
Within ARCoin systems the safety, integrity and balance of all ledgers is maintained by a community of mutually distrustful parties referred to as miners,
who are usually members of the public, handling cryptocurrency transactions for a small fee. Miners use resource-intensive computer software to help secure a particular
cryptocurrency's network by increasing that network's ability to solve mathematical equations which the network directly uses to impede fraud.
Central bank representatives have stated that the adoption of Cryptocurrencies such as bitcoin pose a significant challenge to central banks' ability to influence the price of
credit for the whole economy, they've also stated that as trade using Cryptocurrencies become more popular, there is bound to be a loss of consumer confidence in fiat currencies.
Gareth Murphy, a senior central banking officer has stated "widespread use [of cryptocurrency] would also make it more difficult for statistical agencies to gather data on economic activity,
which are used by governments to steer the economy, He cautioned that virtual currencies pose
a new challenge to central banks' control over the important functions of monetary and exchange rate policy.
ARCoin seek to add more crypto-currency & knowledge to the world, and we welcome you all to participate in this experimental project.
Twitter:
https://twitter.com/AR_CoinX13 algorithm
1 Million POW Coins
0% Premine, No Instamine, No IPO
Aprox. 3 Days Proof-of-Work (PoW)
5% Proof-of-Stake (PoS)
Block time: 60 seconds
Min stake age - 2 Hours
Max stake age - 1 Day
Confirmations - 288
Maturity - 30
TOR Implemented
TBD
Github Source-Code:
https://github.com/Arcoins/Arcoin_SourceMac Wallet:
https://mega.co.nz/#!INEGBbST!dYsxWs_1UUcbQl2xOysG-8YNecqlSoIH0OFYSPvBvGE
Windows Wallet:
https://mega.co.nz/#!OMBklT7Y!vDufpAAU-jHHMrThrVCSH7ijPj5zYsj9chF-zksZQK4
0.025 BTC to the first Block Explorer
0.012 BTC to the second Block Explorer
Original topic with comments deleted about warning others for the instamine/premine is here:
https://bitcointalksearch.org/topic/annarcoin-etf-being-worked-on-was-on-wall-street-tor-implemented-696243
