Topic: [ANN][BAC]BaseCoin,New POW+POS Coin with transaction message|RARE|No Premine (Read 2239 times)

nice coin to mine

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You shouldn't post in the newbie section

Reserved for further development.

Basecoin - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features Florincoin (transaction message).

Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.

Basecoin provides annual interest rate of 0.01%, for stakes that are not moved.

Specifications:
   - POS+POW
   - Each normal block has 1 Basecoin
   - 1 minute block time
   - Daily generation is 1440 coins, basecoin is really a rare coin.
   - Difficulty retargets every block
   - mining payout will be stable all over the lifecycle of Basecoin
   - Expected total mined coins will be 6000000 Basecoins
   - 4 confirmations for transaction
   - 50 confirmations for minted blocks
   - Support transaction message
   - Diff start at 0.01
   - The default ports are 21206(Connect) and 21207(RPC).



Official Website:
Under construction


Download:
Windows QT:
https://app.box.com/s/t15um5nlqa750wmfk9au


Source code:
https://github.com/basecoin/basecoin


Getting Started:

1. Start up Basecoin.exe, wait for it to load, then exit.
2. Put Basecoin.conf (see sample file below) in your c:/users/**yourcomputername**/AppData/Roaming/Basecoin
3. restart Basecoin-qt, and you should connect and sync.
4. For solo mining, use the mining page in Basecoin.exe and begin mining.

Sample Basecoin.conf:



Mining:
Solo mining:
- setup Basecoin.conf in %appdata%/Basecoin
- fill Basecoin.conf in the form of sample Basecoin.conf
- use cgminer in the Basecoin.exe to solo mine