Topic: [ANN][EBG] EmbargoCoin SHA256 7Million coins - page 16. (Read 45533 times)
How's the development going?
All coin tried these failed.
Failing is kind of what Embargos do right? So to fail will be just as magnificent as success.
Yeah sorry but there is nothing that will bring miners to want to mine this coin.
But it does bring what a lot of people complain about other coins not having. Lower block reward, less supply. But to give that with a short block time seems like too much of a handout. We are going to make you work and wait for the few coins available if you want them.
Yeah sorry but there is nothing that will bring miners to want to mine this coin.
All coin tried these failed.
This looks interesting. Add CryptoADHD.com to the official pool list
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MineP.it EmbargoCoin Pool
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thats somethin new, all the alt coin claims to be faster than bitcoin, this one is slower !
cool story bro xD
cool story bro xD
zeuspool
ANNOUNCING
EmbargoCoin
SHA256 based Crypto Currency
Slow moving blockchain
RELEASE DATE: May/9/2014 15:00 UTC 11AM EDT
This coin is under an EMBARGO! 20 minute block times as the blocks have to break through the Embargo to be rewarded. 220 blocks for coin creation (3 days for coin creation) as the blocks slowly find their way around the Embargo. 5 confirmations for all other transactions.
Specifications
No Premine
Block Target: 20 minutes
Difficulty retargets every 1 block using KGW (Patched)
Ports: RPC: 11971 P2P 11973
Block Rewards
The block rewards start low (50 EBG) as the Trade Sanctions are pretty tight at the launch (and to have a fair launch). Trade sanctions start loosening on the coin every 251 blocks (every 3.4 days) and coin reward goes up by 50 until block 2268 (31.5 days from launch) when max coin reward of 500 is reached at which point Trade
Sanctions start increasing on the coin every 6480 blocks (Approximately every 90 days) cutting the reward in half until we go into a Full Embargo and only 1 coin is created every block.
Blocks 1-251 - 50 EBG
Blocks 252-503 - 100 EBG
Blocks 504-755 - 150 EBG
Blocks 756-1007 - 200 EBG
Blocks 1008-1259 - 250 EBG
Blocks 1260-1511 - 300 EBG
Blocks 1512-1763 - 350 EBG
Blocks 1764-2015 - 400 EBG
Blocks 2016-2267 - 450 EBG
Blocks 2268-8747 - 500 EBG
Then Trade Sanctions (halving) every 6480 blocks (Approx every 90 days) at block 60588 reward stays at 1 EBG indefinitely.
Coins mined per year:
Year 1: 6,523,887.5
Year 2: 491,847.6563
Year 3: 36865.59375
Inflation per year afterwards: 26,298
Downloads
Multiple download links available for each wallet.
Windows Wallet
https://mega.nz/#!uNwGEBbQ!5TRpPAga7kIN-ROqBkycIvFPq9Vai-YRvp7-OnwAMck
Mac Wallet
https://mega.nz/#!fMhlBBBD!yP4wGA1tldl46jANddF_zohwZdTZA5I6uLZp3NY5LJ4
Ubuntu Wallet
https://mega.nz/#!bEoVkCRb!5qG1p_wFJ3EnUED7hk0dPvzbDJ1wUtwEx1FOhVwxP5Q
Source
https://github.com/Embargocoin/Embargocoin
Web site
http://www.embargocoin.com
IRC
Freenode #EmbargoCoin
@EmbargoCoin
Pools
(POOL OPERATORS BE SURE TO SET YOUR NETWORK CONFIRMATION SETTINGS TO 220 FOR COIN CREATION)
http://ebg.cryptoadhd.com
Exchanges
Cryptopia
Links
Block Explorer - http://explorer.cryptoadhd.com/chain/Embargocoin
CryptoCoinTalk Thread - https://cryptocointalk.com/topic/11002-embargocoin-ebg-information/
Services
CRYPTOCURRENCY MARKET CAPITALIZATION & STATISTICS - http://www.cryptocoinrank.com/Embargocoin
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