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