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@ -4,19 +4,21 @@ DarkCoin integration/staging tree
http://www.darkcoin.io
Copyright (c) 2009-2013 Bitcoin Developers
Copyright (c) 2011-2013 DarkCoin Developers
Copyright (c) 2013-2014 DarkCoin Developers
What is DarkCoin?
----------------
DarkCoin is a lite version of Bitcoin using scrypt as a proof-of-work algorithm.
- 2.5 minute block targets
- subsidy halves in 840k blocks (~4 years)
- ~84 million total coins
The rest is the same as Bitcoin.
- 50 coins per block
- 2016 blocks to retarget difficulty
DarkCoin is a lite version of Bitcoin using X11 as a proof-of-work algorithm.
- Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
- Block reward is controlled by moore's law: (11111 / (((Difficulty+51)/6) ^ 2))
- CPU only mining
- Block generation: 2.5 minutes
- Difficulty Retargets every 576 blocks
- 84 Million Coins Max
- Block reward halving every 2 years
- Encrypted transaction network: Work In Progress
- Anonymous blockchain using coinjoin technology: Work In Progress
For more information, as well as an immediately useable, binary version of
the DarkCoin client sofware, see http://www.darkcoin.io.