Wednesday, October 1, 2014

BlueCoin (ß) - First PoS DGW Hybrid

BlueCoin (ß) VERSION v1.2.1.0 HARDFORK @ BLOCK 117,500 – rpc port: 27105 – port: 27104



BlueCoin is a peer-to-peer X11 / Proof of Stake hybrid digital currency with an initial Proof of Work mining distribution period lasting 50,000 Blocks. After the initial mining distribution period is over, the network will transition into an energy efficient X11 PoW / PoS hybrid algorithm which will reward balance holders on the network a 5% annual interest.


September 4, 2014 – BlueCoin v1.2.1.0 DGW/EMA fix @ block 117,500

August 31, 2014 – BlueCoin v1.2 Mac & Windows QT released.

August 27, 2014 – BlueCoin v1.2 Released Dark Gravity Wave implemented @ block 113,000.

August 01, 2014 – BlueCoin Hybrid X11 / Proof of Stake period initiated.

July 08, 2014 – BlueCoin v1.1.3.1 Mac & Windows QT released.

July 07, 2014 – BlueCoin v1.1.3.1 Released (Block verification fix)

July 04, 2014 – BlueCoin v1.1.3.0 Released (PoS / PoW Hybrid)

June 26, 2014 – BlueCoin v1.1.2.0 Mac & Windows QT released.

June 23, 2014 – BlueCoin v1.1.2.0 Released (CoinControl Fix)

June 23, 2014 – BlueCoin v1.1.1.0 Mac & Windows QT released.

June 22, 2014 – BlueCoin v1.1.1.0 Released (X11 Upgrade)

May 27, 2014 – BlueCoin v1.0.2.0 Mobile Wallet Released

May 05, 2014 – BlueCoin v1.0.2.0 Release

April 22, 2014 – BlueCoin v1.0.1.0 Launched


Source, Github https://github.com/bluecoiner/bluecoin

Updated version 1.2.1.0 DGW/EMA fix @ block 117,500 MANDATORY UPGRADE!


MINING X11 GETTING STARTED:


http://suchpool.pw/docs/gettingstartedX11.pdf


http://suchpool.pw/blu/index.php?page=gettingstarted


Standalone CPU Miner:


Source: https://github.com/ig0tik3d/darkcoin-cpuminer-1.2c

Source: https://github.com/elmad/darkcoin-cpuminer-1.3-avx-aes (Faster if you have the AES-NI instruction set)

Windows: http://darkcoin.io/downloads/xcoin-miner.zip

Windows 1.2 avx-aes: http://darkcoin.io/downloads/darkcoin-minerd-1.2c.zip

Windows 1.3 avx-aes: http://download.darkcoin.fr/darkCoin-cpuminer-1.3-avx-aes-windows-binaries.zip


Standalone GPU Miner:


Source: https://github.com/prettyhatemachine/sph-sgminer

Windows: https://mega.co.nz/#!uAp12DYa!vhfp1wDb43mB1KCo_5ZfwXehYhBXeKcVYWbmkTB2ldg

phm’s bitcointalk thread:


https://bitcointalk.org/index.php?topic=475795.0;all


50,000 Block PoW Distribution then PoW / POS hybrid after:


– Block Time: 1 Minute

– Difficulty Retarget: every block

– Confirmations on Transactions: 7

– Confirmations on Mined Blocks: 350

– Fees: Minimum transaction fee of ß0.00005

– Stake Interest: 5% annually

– Minimum Stake Age: 2 days

– Secure and Open Source


Intial Distribution:


– X11 Algorithm

– Total Coins: ß500,000,000

– Block Reward: ß10000

– Total Blocks: 50,000

– PoS After Block: 50,000

– Premine 3% for bounties


After Block 50,000:


Proof of Stake Interest:

Year 1 : 5% PoS annual interest.

Year 2 : 3% PoS annual interest.

Year 3 : 1.5% PoS annual interest.


Proof of Work after block 50,000:

Year 1: 100 BLU per mined block (5%)

Year 2: 50 BLU per mined block. (2.5%)

Year 3: 25 BLU per mined block. (1.5%)



source: https://bitcointalk.org/index.php?topic=580639.0



BlueCoin (ß) - First PoS DGW Hybrid

1 comment:

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