From 542ecf3d3b75dce2aa8c6eb5c741da0b2094d6e4 Mon Sep 17 00:00:00 2001 From: evan82 Date: Tue, 28 Jan 2014 21:31:46 -0700 Subject: [PATCH] Update README.md --- README.md | 20 +++++++++++--------- 1 file changed, 11 insertions(+), 9 deletions(-) diff --git a/README.md b/README.md index 8c5bf14ad9..59c584e40e 100644 --- a/README.md +++ b/README.md @@ -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.