*) 15 seconds block targets: beat that MinCoin!
*) 42 007 680 total coins
*) no subsidy within the first 3 days and after approximately 5 years; in between: 4 coins per generated block
*) difficulty retargets every 0.35 days
*) currently peers are looked up over IRC only
*) currently no block checkpoints are in the code (but could be easily added)
Other than that, this coin is exactly like Litecoin and should by no means be used as a real cryptocurrency. All of the coin parameters are chosen arbitrarily or at most with 'fairness' towards everyone in mind. [..]
But head over here for the client and more information:
https://github.com/bfroemel/smallchange.git
Cheers!
Any mining efforts are probably wasted efforts. Imagine this coin to be like a small Bitcoin testnet with it's own set of (untested) rules.
binary clients and building:
Please (learn to) make your own builds. Then you only need to trust the source code and your understanding of it: https://bitcointalksearch.org/topic/alternative-block-chains-be-safe-42465
However, Balthazar has put a Windows build up here:
https://bitcointalksearch.org/topic/m.1923633
On Linux (e.g. Ubuntu, Debian) getting and building is as simple as:
Code:
# those steps need to be done only once
sudo apt-get install libboost-thread-dev libboost-program-options-dev libboost-filesystem-dev libminiupnpc-dev libdb5.1++-dev libssl-dev libboost-dev build-essential git
git clone https://github.com/bfroemel/smallchange.git
# every time you do a fresh build
cd ./smallchange/src
git pull # update local sources
make -f makefile.unix
For qt, see: https://github.com/bfroemel/smallchange/blob/master/doc/readme-qt.rst
Thanks for the overwhelming interest --> didn't expect that.
updates
2013/05/14 Many thanks to sido, who operates for now a node on a permanent IP: https://bitcointalksearch.org/topic/m.2134304
2013/05/10 please update now (move to a (hopefully unique) network magic number), details: https://bitcointalksearch.org/topic/m.2102353 and some of the following posts.
2013/04/24 the block reward was reached a bit earlier than planned and total hashing power is now around 12 MHashes/s, 46 peers; difficulty 'slowly' adjusts. Right now 22 937 blocks are mined and the current total smallchange around is: 22 628 coins.
2013/04/22 please update before block 15 000