Coin supply* non-deterministic coins will be available
Difficulty adjustment each block
Hashing algorithm SHA-256
Reward varies on difficulty coins per block
Peer Coin, abbreviated PPC is a cryptocurrency which is forked from bitcoin. PPCoin aims to achieve high energy-efficiency while keeping as much as the official Bitcoin properties as possible.
PPCoin works with Stake/Proof-of-Stake, this is a term referring to the use of the currency itself to achieve certain goals.
PPCoin uses proof-of-stake to provide minting and transaction processing of place of proof-of-work. Unlike Bitcoin ppcoin does not require the use of energy to sustain the network. Proof-of-work currently remains the most practical way of providing initial minting of a cryptocurrency so it was decided to keep it as part of the hybrid design.
Untill v0.2, central checkpointing was a critical part of the protocol. The main purpose of this is to defend the network during the growth period and to ensure a smooth upgrade path if any critical vulnerabilities are found. Central checkpointing will slowly be weakened and should eventually removed from the coin.
Unlike Bitcoin there is no hard cap on the amount of coins that will be created. Bitcoin is limited to 21 million coins where PPCoin only has a hard cap of 2 billion coin in the code. There is no intention to limit the amount of coins that can be generated.
“There is a 2-billion coin max value in the source code, however that is only used for consistency checking and is not meant to be part of the minting design.”
Original article and pictures take cryptocurrencies.blogspot.com.au site
Power Supply for 2X Antminer S9 S7 D3 L3 - Mining PSU ASIC GPU Bitcoin Ethereum
Item specifics
Input Voltage:
Output power:
Output Current:
Output Frequency:
MPN:
Mining Hardware:
Compatible Currency:
Hash Algorithm:
2880 Watt Server Power Supply for Two ASIC Miners
High Efficiency | Plug & Mine PSU
This professional server power supply is specially designed to convert 200+ volt AC with high-efficiency for use in data-centers that operate 24 hours a day (24/7/365), making this unit ideal for powering ASIC hardware and GPU mining rigs. With an integrated 16-gauge PCI express wiring harness secured and insulated with electrical epoxy, this heavy duty PSU is neat and durable. The preinstalled triple-fan cooling assembly proficiently dissipates heat, allowing for a long service life and more efficient conversion.
Benefits of 200+ Volt
Longer Service Life
Less heat, less cooling
Greater Energy Efficiency
Dedicated circuit protection (in typical installations)
Pioneer Screenshots of the Vestarin Platform Appeared on the Web
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
The design-layout of the Vestarin platform is created.Pioneer screenshots of the functional platform appeared on the Web
The creators of the Vestarin platform claim that the interface is developed according to the established schedule. For a successful and well-coordinated work, a team of professional programmers, web designers, marketers is carefully selected. A team of experts has been formed, currently based in the headquarters of Vestarin. Some project staff members work remotely from the US, Korea, Cyprus.
What will be the main features of the platform? Users will be able to:
Pay for goods, services, entertainment with crypto-currencies.
Form strong teams to launch personal projects.
Freely communicate in an interactive chat with other crypto-enthusiasts.
Exchange currencies in exchangers with the highest reputation.
Learn about the emergence of new blockchain platforms in the world.
Invest in ICO with minimal risks, relying on the reputation generated by users.
The platform will integrate:
− store or service, receiving a profit in the cryptocurrency;
− ICO and thus draw the attention of the whole community to the project;
− your exchanger, getting leads.
Previously it was known only that the Vestarin will be as simple and concise as possible. A clear menu, systematized information in sections – Vestarin promises to be convenient for each participant. The other day the developers presented the first screenshots of the design layout (access was limited before).
The general director of Vestarin shared hot news:
“The initial development phase was carried out in accordance with the schedule without any delays. We create a truly high-quality platform for investors and entrepreneurs, whose counterparts are not yet on the market. We believe that Vestarin will win leading positions in its segment in 1 year after introduction, being the trading platform # 1 in the market of crypto-currency.”
Want to learn more about the process of creating a platform? Join us at www.vestarin.io .
The expanded information is available in White Paper, where the advantages, perspectives and prospects of the project are revealed.
Pennies [CENT] are a unique new cryptographic coin without decimal places. Every easy to mint coin is a single unit and is designed with Proof of Stake savings in mind. Pennies are based on scrypt-jane and set to retarget at long intervals to allow for easy CPU-based mining.
Specifications:
No decimals, no micro units, each penny is 1 coin.
1 CENT per block, 1,000,000,000 (this is 1billion, not 1 trillion) total cents via PoW.
Scrypt Jane (YAC) based, so mine via "Command Line Banking" and "setgenerate = true"
Progressive diff adjusment, targeted N factor retargeting at 1 week.
The partnership is not only a validating moment for Bitcoin but also a political statement from Overstock’s libertarian CEO, Patrick Byrne, who told Wired that “it helps us fight the machine” of big banks and big government.
Bitcoin is a peer-to-peer, decentralized, anonymous form of digital currency. A simple way of thinking about it is as the “Internet equivalent of cash.” For years it was relegated to the edges of tech society, and associated with notorious activities like buying drugs, but 2013 was the year Bitcoin traveled in from the fringes.
Many big believers in Bitcoin are adamant that for the great Bitcoin experiment to really succeed. For it to become stable, legitimate, and usable, it has to have everyday value. Bitcoin can’t just be something people invest in, hoard, or buy one of “for fun.” It needs to be liquid and spendable — a currency, rather than an asset.
This is why Bitcoin evangelists value adoption by mainstream retailers. It gives “regular” people clear opportunities to spend Bitcoin, which in turn could inspire them to buy (and spend) more Bitcoins.
The question left unanswered, perhaps until now, was whether Bitcoin owners were willing to spend their stash on everyday stuff, like bedding, furniture, bath products, and jewelry.
It seems they do, based on this early response. But we won’t really know unless this kind of sales momentum continues and more retailers adopt Bitcoin and see similar results.
The Bitcoin experiment is in its infancy, and it carries big risks. Bitcoin is volatile and has the potential to crash. This is part of what deters retailers. The fear is that if Bitcoin is at one price and then drops, the merchant loses money.
Coinbase is making a big effort to calm these concerns. It created a suite of merchants tools that make it easy to begin accepting Bitcoin and guarantees a certain exchange rate.
When a Bitcoin payment comes through, Coinbase immediately cashes out that Bitcoin value and transfers in dollars to the retailer. The risk is really with Coinbase, rather than Overstock.
Bitcoin has other benefits — it eliminates credit card processing fees, so it’s much cheaper for retailers than accepting payments from Visa, MasterCard, or PayPal.
Now that Overstock has taken the first step with Bitcoin, it will be interesting to see if other major retailers follow suit.
Original article and pictures take venturebeat.com site
North Korea ‘hacked crypto-currency alternate in South’
Reuters
Picture copyright
South Korea’s spy company believes that North Korea is behind hacking assaults on a crypto-currency alternate within the South, sources say.
Not less than $7m (£5.25m) in digital cash was stolen within the hacks – though the cash is now mentioned to have ballooned in worth to $82.7m.
The thieves additionally stole the private data of some 30,000 individuals.
They had been buying and selling the digital currencies Bitcoin and Ethereum on the Bithumb crypto-currency alternate.
Primarily based on latest buying and selling volumes, Bithumb is South Korea’s greatest and one of many 5 largest on the earth.
Analysts say North Korean hackers might have focused crypto-currencies to be able to evade the monetary sanctions imposed as punishment for the North’s growth of nuclear weapons.
The hackers additionally demanded an additional $5.5m from Bithumb in alternate for deleting merchants’ private data, mentioned studies.
The sources within the spy company, the Nationwide Intelligence Service, equally suspect the North of being behind the hacking of one other alternate, Coinis, in September, South Korean information company Yonhap says.
However an additional try in October was thwarted, studies mentioned.
Proof has now been handed to prosecutors.
At current, digital currencies will not be regulated by South Korea’s monetary authorities and efforts to deal with the matter have made little progress.
Original article and pictures take writingforacademies.com site
Reuters