This new Europecoin is based on HOdlcoin code? Is that the reason for the increase?
Hey freetrade! Guys, THIS is the inventor of the Hodl Mining Algo, we are using. Yes your invention is one of the reason for our increase.
Thank you for your great work. But you will be surprised, when you are reading our code, because we added some own invention to enhance this concept.
We added a new self developed re-targeting mechanism with two KGW threads. We call it "DUAL KGW3". Second we added a function we Call "Bitbreak Blockchain Shield", witch is basicly a second micro-mining cloud in each wallet, tied to the re-targeting algo, that measures and monitors the network hashrate and starts microminig if hash goes under a certain limit, to keep the Blockchain moving. Another Reason is, we already had over a year been building our infratructure (see for example http://www.federatedblockchains.eu.org feel free to join, we would feel honoured) and I just founded a Company (Cryptronika GmbH) that will publish a new Point-of-Sales Hard and software System that will support Europecoin among a few other Coins.
The company will also provide funding to our projekcts and will hire more developers for us and the Federated Blockchains Project.
More about the wallet is written here:
https://bitcointalksearch.org/topic/there-is-another-hodl-ram-mining-compatible-currency-1556458
our Git with deep description from Chris is here
https://github.com/EuropecoinEUORG/Europecoin-V3
and i am sure Chris, our and Bitsends developer, can give even deeper insights.
Ihank you for inventing HODL CPU/RAM mining, its an idea, that was needed, to give average users their own feeling to mine a coin.
Its in my opinion an important experience for getting used to crypto and is an adoption booster.
have fun
deep regards
Matthias
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