Mincoin block

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1 Minute Block Target 2 Coin Block Reward 60 Blocks Retarget Time 10 Million CoinsTo empower people with the ability to govern their finances by enabling them with a superior method of wealth storage, wealth transfer and a mobile payment solution currently not available within today’s banking system and the outdated infrastructure itA block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol.

A full copy of a currency s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because the previous block s hash would otherwise not be known. Each block is also computationally impractical to modify once it has been in the chain for a while because every block after it would also have to be regenerated. These properties are what make double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest♥ donate bitcoins: 1JsbEn3pVJcWKGE24hiV5eJSGSTzNT2rTw ♥ donate litecoins: LTfZmMMiNDVx4uWgntmBYubYHjoVqvxsYZ ♥ MinCoin is a peer-to-peer cryptocurrency using scrypt as a proof-of-work algorithm. MinCoin will have a total of 10 million generated units. MinCoin has one (1) minute block targets, which is 10 times faster than Bitcoin and 2.5 times faster than Litecoin! Each MinCoin block is worth two (2) new coins. Difficulty is retargeted every 60 seconds. MinCoin Windows wallet client MinCoin Mac wallet client Litecoin List of cryptocurrencies MinCoin release thread onMinCoin (Min is short for Minimalist) is a peer-to-peer cryptocurrency using scrypt as a proof-of-work algorithm. It was released on April 3, 2013 with zero premine. Features: 1 minute block target 2 coin block reward 2880 coins per day Retargeted ever 60 seconds 10 million coins will be created Category Links Graphics Category Mining Tools Pools Mining Hardware Comparison Category mincoin.conf Api.

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