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"currentblocktx" : 0,
"difficulty" : 3.35947712,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 201648417,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
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}
Topic: [ANN]TransactCoin TXC - page 2. (Read 2745 times)
Oh thats almost cool, why redesign the wheel.
mammix2 you might understand if you read on there site, there not trying to stop asic miners, they think they have a novel solution this could actually prove interesting.
Theres a fair bit of info on there site.
Congrats to the dev team, but if this is bad ILL BE BACK
mammix2 you might understand if you read on there site, there not trying to stop asic miners, they think they have a novel solution this could actually prove interesting.
Theres a fair bit of info on there site.
Congrats to the dev team, but if this is bad ILL BE BACK
Yeah just reading it now...
Oh thats almost cool, why redesign the wheel.
mammix2 you might understand if you read on there site, there not trying to stop asic miners, they think they have a novel solution this could actually prove interesting.
Theres a fair bit of info on there site.
Congrats to the dev team, but if this is bad ILL BE BACK
mammix2 you might understand if you read on there site, there not trying to stop asic miners, they think they have a novel solution this could actually prove interesting.
Theres a fair bit of info on there site.
Congrats to the dev team, but if this is bad ILL BE BACK
Scrypt Algo, Designed to favour solo mining...
How are you going to stop ASIC exploiting this Algo ?
How are you going to stop ASIC exploiting this Algo ?
Annoucing Transactcoin
WHAT IS TRANSACTCOIN
TransactCoin is a peer to peer digitial currency, and is intended as a replacement credit and debit cards, even cold hard cash, designed to be easy to use, and fast to spend, TransactCoin will set the standard for Merchants with the ability to cash out in under 15mins, from trasaction to money in the bank in just 15mins, no other coin can match that, and its faster still if the network is moving faster.
TransactCoin is more secure than good old visa and mastercard, its also 100% transparant, our payment network is faster, more agile and more responsive, not to mention its cheaper, transactions take just seconds to arrive and are fully spendable in a within a few minuets. When compaired to conventional mastercard or visa services where merchant funds can take upto 3 days to arrive, transactcoin is a breath of fresh air, you can move much much faster, with funds to your bank within 15mins of your customers purchase.
TransactCoin has no end to mining, with blocks constantly moved by miners and a base reward of 4 coins, but unlike other coins, transactcoin enforces a trasaction fee, every 10 transactions in a given block will add 1 coin to that blocks reward, the more transactions carried out by the network the bigger the reward for mining and securing the block chain, and whilst combating pool abuse is a key area of concern we think we have it covered.
So in summary, TransactCoin, is just like the US Dollars, or British Pounds or Indian Rupiees, its cash, its just like your debit cards, fast and secure, and it combines all this into one functional payment network, TransactCoin is designed to one day totally replace cash and cards, and totally destroy the control of banks control over OUR money.
WHY WE CREATED TXC
TransactCoin is built by a few private individuals who had nothing better to do than complain about the on slught of new coins within the crypto market space, many bring nothing to the table, others are outright scams and others still are just poor, then theres the devs out there who dont release and manage one coin, oh no they have ADHD or something, they have to release coin after coin after coin, all as bad as the last and either then left to die, or merged into oblivion. There ANN Threads make promises of riches and wealth this that and everything else. Crypto is not designed to make you money, crypto is designed to replace money one day, the quicker people grasp this simple concept the better
Distribution Fund
For a coin like ours where we DEPEND on there being transactions, a typical launch with subsequent free for all, a slow burner, it would take a long time for the network to generate a meaningful amount of transactions each day, not to mention the headache of a new coin and hundreds of Gh/s dumped on it. We talked for a long time about how you could really do a truly fair launch, as we came up with ideas someone else shot them down, it took us ages to work it out, then it hit us there are already millions of users for crypto currency's worldwide, there all using a vast range of online services, exchanges, pools, stores and the likes, so why dont we have them to distribute the coins? Thats exactly what were doing! And the exchanges
So weve already contacted a huge range of service providers, some seem interested others do not, we dont blame the doubters but as the launch nears and the excitement grows they may end up taking part. The whole objective is for Exchanges, Pools and other service providers, to give us 1 simple peace of information, On September 28th 2015 How many REGISTERED (yes registered) users were on the platform, thats it. We will then total up the numbers provided from all the providers, we divide it with the total coins for distribution, and hey presto, everyone now has X Coins.
you can find much more information on our website at https://www.transactcoin.uk
The official Forums are at https://forums.transctcoin.uk.
We will not monitor this ANN Post, please feel free to contact us on our official forums
WHAT IS TRANSACTCOIN
TransactCoin is a peer to peer digitial currency, and is intended as a replacement credit and debit cards, even cold hard cash, designed to be easy to use, and fast to spend, TransactCoin will set the standard for Merchants with the ability to cash out in under 15mins, from trasaction to money in the bank in just 15mins, no other coin can match that, and its faster still if the network is moving faster.
TransactCoin is more secure than good old visa and mastercard, its also 100% transparant, our payment network is faster, more agile and more responsive, not to mention its cheaper, transactions take just seconds to arrive and are fully spendable in a within a few minuets. When compaired to conventional mastercard or visa services where merchant funds can take upto 3 days to arrive, transactcoin is a breath of fresh air, you can move much much faster, with funds to your bank within 15mins of your customers purchase.
TransactCoin has no end to mining, with blocks constantly moved by miners and a base reward of 4 coins, but unlike other coins, transactcoin enforces a trasaction fee, every 10 transactions in a given block will add 1 coin to that blocks reward, the more transactions carried out by the network the bigger the reward for mining and securing the block chain, and whilst combating pool abuse is a key area of concern we think we have it covered.
So in summary, TransactCoin, is just like the US Dollars, or British Pounds or Indian Rupiees, its cash, its just like your debit cards, fast and secure, and it combines all this into one functional payment network, TransactCoin is designed to one day totally replace cash and cards, and totally destroy the control of banks control over OUR money.
WHY WE CREATED TXC
TransactCoin is built by a few private individuals who had nothing better to do than complain about the on slught of new coins within the crypto market space, many bring nothing to the table, others are outright scams and others still are just poor, then theres the devs out there who dont release and manage one coin, oh no they have ADHD or something, they have to release coin after coin after coin, all as bad as the last and either then left to die, or merged into oblivion. There ANN Threads make promises of riches and wealth this that and everything else. Crypto is not designed to make you money, crypto is designed to replace money one day, the quicker people grasp this simple concept the better
- 2.5 Min Block Time
- 71 Block Retarget
- Scrypt Algo
- Port 9000
- Built on Bitcoin and Litecoin Base Code
- Designed to Favor Solo Mining
Distribution Fund
For a coin like ours where we DEPEND on there being transactions, a typical launch with subsequent free for all, a slow burner, it would take a long time for the network to generate a meaningful amount of transactions each day, not to mention the headache of a new coin and hundreds of Gh/s dumped on it. We talked for a long time about how you could really do a truly fair launch, as we came up with ideas someone else shot them down, it took us ages to work it out, then it hit us there are already millions of users for crypto currency's worldwide, there all using a vast range of online services, exchanges, pools, stores and the likes, so why dont we have them to distribute the coins? Thats exactly what were doing! And the exchanges
So weve already contacted a huge range of service providers, some seem interested others do not, we dont blame the doubters but as the launch nears and the excitement grows they may end up taking part. The whole objective is for Exchanges, Pools and other service providers, to give us 1 simple peace of information, On September 28th 2015 How many REGISTERED (yes registered) users were on the platform, thats it. We will then total up the numbers provided from all the providers, we divide it with the total coins for distribution, and hey presto, everyone now has X Coins.
you can find much more information on our website at https://www.transactcoin.uk
The official Forums are at https://forums.transctcoin.uk.
We will not monitor this ANN Post, please feel free to contact us on our official forums
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