Interesting.. but what will keep others from compiling the sketch on their (imaginary) 512-core big iron and instamining all coins ?
I'll be watching, but I have serious doubts.
Topic: MicroCoin! A Coin for Microcontrollers like the Arduino! - page 3. (Read 5734 times)
Algo?
Question ..
Where does this money come from? Your donation address?
Quote
To mine, simply load the sketch to the Arduino, tether to your computer or router, and start raking in the money!
Where does this money come from? Your donation address?
Hello everyone. Here at OMC (Official MicroCoin), we built a coin for microcontrollers such as the Arduino!
This coin uses an Arduino device wallet, clustered Arduino Server, and a mining script designed for Arduinos!
To interface with the Arduino, Bluetooth, Serial, or WiFi may be used!
This coin will be launched on 9/18/15
Uses of this coin include a online auction site, exchange for USD, and a local trading app. This coin is open source (OF COURSE!) and can be modified for any microcontroller, made portable, and have features added.
To support development and interest, plus help pay for servers, you can donate BTC to 18NRiqQ3RX8MQDnkTvbZVQNz3FEVRp8CmY .
To mine, simply load the sketch to the Arduino, tether to your computer or router, and start raking in the money!
Now that you know what the coin is about, let me go over the specs.
10 million total coins.
User set price value.
Mined via arduino clusters.
1 coin per minute.
TX Fee goes to remaining coins, not to miners. These coins will be mined in the next block (1 minute later.)
Fixed difficulty.
Bounties (Once coin launches):
Mining Pool: 100MC each for first 3.
Blockchain Explorer: 500MC for first!
Faucet: 50MC each for first 4.
Those are 1000MC waiting to be claimed. 3000 of the premined MC will go to funding the exchange.
Links to the sites will be available once the coin launches. Enjoy!
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