Topic: [PRE-ANN] - Wecoin - Keccak - PUBLIC PREMINED COINS - Join the premine now. - page 29. (Read 35774 times)
March 05, 2014, 02:05:19 PM
SHA-3 .... have fun... alone.
March 05, 2014, 02:03:24 PM
This seems to be that you are pointing your miners to their pool, they will mine a coin with the pool powers, you will deposit with them bitcoins and at the and you will get nothing.
March 05, 2014, 02:03:07 PM
- Consumes 10x less power than Bitcoin
What a funny sentence
March 05, 2014, 02:02:05 PM
when i hear premined and invest bitcoins...... i start wondering who is about to get their pants pulled down.
March 05, 2014, 02:00:37 PM
Why is every new coin either billions of coins or less than 100? 
March 05, 2014, 01:57:56 PM
Wow, public premined, this is new.
March 05, 2014, 01:56:51 PM
Wallet Released:
https://www.dropbox.com/s/pgf222kb86zcjfb/wecoin-qt-1.0.0.1-win.zip
KGW will be implemented on launch to prevent instamine
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Wecoin - The First Public-Premine Coin
http://i.imgur.com/asFYzI1.png
Website | Premine Pool | Subreddit
Wecoin?
WeCoin is a decentralised peer to peer digital money based on the idea of Bitcoin, but with much improvement to security, speed and different unique economic model. It uses the new encryption standard SHA-3, instead of the previous standard SHA-2, to secure the network.
Exchanges
We will be listed on crytptocrush.in after the official launch.
Specifications
- Algorithm: Standard SHA-3 (Keccak)
- Total Coins: 100,000,000,000 WEC
- Block Time: 60 seconds
- Block Reward: 1-1,000,000 WeCoin per block, halving every ~2 months
- Difficulty: Retargeting using Kimoto Gravity Well algorithm
Improvements Compared With Bitcoin
- Transactions are 10x faster than Bitcoin
- 10x more secured than Bitcoin for using SHA-3 instead of SHA-2
- Consumes 10x less power than Bitcoin
- Permanent ASIC resistance
Different From other SHA-3 (Keccak) coins
- The first and only public-premine coin
- Transaction malleability issue is fixed
- Random block reward (From 1 to 1,000,000 WEC coins per block)
- Huge coins cap with 100,000,000,000 WEC coins
Public-Premine
There will be 20% of the coins are premined (approximately 20,000,000,000 - 20 billions coins). These coins will be shared fairly across miners and investors.
- 50% of premined coins (10 billions) will go to miners.
- 50% of premined coins (10 billions) will go to the investors.
Pools
http://wecoin.miningpoolhub.com
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