Topic: GRW (Read 499 times)
First announced in Altcointalk.co.uk:
http://www.altcointalk.co.uk/index.php/topic,179.0.html
GrowthCoin (GRW) - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features from Luckycoin (random blocks) and 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.
GrowthCoin provides monthly interest rate of 5.95%, for stakes that are held during that period of time. This equivalent to an annual interest of 100%. PoS blocks will be generated if the stake are held for more than 5 days (first generation will starts around 9th days). There is a hard limit of 2 billion coins.
No Premine!
Important update of GrowthCoin - Version 1.1
the new version 1.1 (the download link have been modified):
1. updated checkpoints, make the coin more secure
2. fixed an issue related to reward
Every GRW user must update before August 9, 00:00:00 GMT
Specifications:
- Each normal block has 100 coins
- 45 seconds block time
- Difficulty retargets every block
- Mining payout will be halved every 3 months (or every 172,800 blocks)
- Expected total mined coins will be 37,368,000 coins
- 3 confirmations for transaction
- 50 confirmations for minted blocks
- Support transaction message
- Hourly random bonus block of 500-1000 coins (that is, 1/80 chance to get a bonus block).
- The default ports are 17177(Connect) and 17178(RPC).
The official website is: GrowthCoin.org.
Mining Pools:
http://grw.botpool.net/ 1% fees
port: 3118
http://grw.scryptmining.com/ 2% fees
Stratum only
Proportional Payouts per Block (after minimum requirements by grw). No PPLNS warmup!
Variable Dificulty per Worker
http://grw.mepool.cc/
Point your miners to the following link:
stratum+tcp://grw.mepool.cc:6666
http://grw.mepool.cc:5555 (long-poll)
http://grw.24ltc.com
point your miner to stratum+tcp://grw.24ltc.com:8334
Download:
Windows Client Download:
Mega.co.nz:
https://mega.co.nz/#!84V0DDKK!Ek25hz06YKUPoO1MfwK_BRx1YGYvBN7mUkVy4zyFqcw
Google Disk:
https://docs.google.com/file/d/0B-_cT_EUbb3oU1V3ZDFQMFJ0Mjg/edit?usp=sharing
SkyDrive:
https://skydrive.live.com/redir?resid=727F26F1D805DB21!124&authkey=!AIjwgruyTRkmOpY
Source Code Download:
https://github.com/growthcoinproject/growthcoin
Website:
http://www.growthcoin.org/
Chinese(中文)：http://www.growthcoin.org/?page_id=34
Sample growthcoin.conf:
listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=17178
rpcconnect=127.0.0.1
addnode=59.40.251.8
addnode=182.130.178.239
addnode=106.187.49.158
addnode=178.141.36.75
addnode=223.197.12.178
Getting Started:
1. Start up growthcoin-qt, wait for it to load, then exit.
2. Put growthcoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/GrowthCoin
3. restart growthcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:18178 -u **yourusername** -p **password** (without **)
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