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Topic: [ANN][XMT] Metacoin | First escrow currency | Read the paper - page 5. (Read 12562 times)

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Activity: 85
Merit: 10


metacoin [xmt] - launched on 2/7/2014 by person1209 Original thread https://bitcointalksearch.org/topic/annxmt-metacoin-new-exchange-4-17-2014-454848

Metacoin is not like any other altcoin. Development to include a decentralized clearing system in its core started. This feature will make this coin truly unique with something that even bitcoin didn't achieved. For example with metacoin you will be able to exchange other altcoins without the need of an escrow or reputation thread. You'll be able to buy almost anything without worrying to get scam by a malicious seller...
The contracts in it allow metacoin transaction to be enforceable if anything goes wrong; these contracts can be redemeed at any time or get listed in an OTC market. It's a major stepstone since bitcoin itself. Don't miss out and read the paper here


Based on Quarkcoin, same algo

Official website - http://www.metacoinproject.org (currently down)

Forum - http://talk.metacoinproject.org

Block Explorer - http://xmt.explorer.ssdpool.com:9079/

Source repository - http://gitlab.metacoinproject.org/metacoin/metacoin-core/tree/master

Windows QT - http://metacoin.krono.org/files/MetacoinV1.zip

Mac Wallet - Link

Total Coins: 140,000,000
Premine = 3 blocks (300 MET) for testing

Block Rewards:
1-144,000 = 100
144,001-288,000 = 80
288,001-432,000 = 64
432,001-576,000 = 51
576,001-720,000 = 40
720,001-864,000 = 32
864,001-1,008,000 = 25
1,008,001+ = 20

default ports:
port=8485
rpcport=8484

Ticker proposal: XMT


7/4/2014 list of new supernodes:
node1.metacoinproject.org (192.95.12.114)
node2.metacoinproject.org (185.13.36.169)
node3.metacoinproject.org (128.199.150.38)
node4.metacoinproject.org (185.10.19.225)
node5.metacoinproject.org (198.50.149.38)
node6.metacoinproject.org
node7.metacoinproject.org
node8.metacoinproject.org
node9.metacoinproject.org

How to sync the wallet ?

1) Manually add nodes under console
addnode node[number].metacoinproject.org add

2) Or create and add a metacoin.conf file
to to get it syncing, metacoin.conf file must be in appdata/roaming/metacoin dir on Windows or .metacoin on Linux

Example of a working metacoin.conf file :
Quote
server=1
port=8485
rpcport=8484
addnode=node1.metacoinproject.org
addnode=node2.metacoinproject.org
addnode=node3.metacoinproject.org
addnode=node4.metacoinproject.org
addnode=node5.metacoinproject.org
addnode=node6.metacoinproject.org
addnode=node7.metacoinproject.org
addnode=node8.metacoinproject.org
addnode=node9.metacoinproject.org
addnode=137.135.210.36
addnode=162.243.101.220
rpcuser=metacoin_user
rpcpassword=c11bWq71Ut23a4fM1b3dfc5bb52dXPf31


Mining:

mine using < gen=1 > in metacoin.conf or  < setgenerate true >  from the console
or
http://sourceforge.net/projects/philosopherstone/files/QRK/ miners for enhanced cpu mining
or
using sgminer for gpu mining.  It works using -k quarkcoin
https://bitcointalksearch.org/topic/ann-sph-sgminer-multi-coin-multi-algorithm-gpu-miner-added-marucoin-475795  

Pools:

http://zcoins.org:9832/

http://met.mine-pool.net/

Discussions & others

bounty offered to the 5 first pool operators
XMT:: Coin with built-in escrow - Paper discusssion
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