[ANN][DROP] Dropcoin - v0.10.2 | New Algo | No IPO/ICO/premine
Launched
Technical Specifications / Information
Proof-of-Work Mining Algorithm: DropLP
Blocks 0 - 160: Reward increases linearly from 0.0 - 10.0 coins.
Block Time: 61 Seconds
Transaction Maturity: 12 Blocks
Coinbase Maturity: 161 Blocks
Block halving occurs every 172,328 blocks (approximately four months).
Estimated time until block reward reaches zero: 7 1/4 years (roughly 87 months)
Total coins mineable: ~3.62 million +/-5%
Blocks 0 - 160: Reward increases linearly from 0.0 - 10.0 coins.
Block Time: 61 Seconds
Transaction Maturity: 12 Blocks
Coinbase Maturity: 161 Blocks
Block halving occurs every 172,328 blocks (approximately four months).
Estimated time until block reward reaches zero: 7 1/4 years (roughly 87 months)
Total coins mineable: ~3.62 million +/-5%
Proof-Of-Knowledge (PoK) Mining*
tl;dr When a block is mined with PoK enabled, the block reward is increased by a certain percentage. For Dropcoin the bonus is set at ten percent.
tl;dr When a block is mined with PoK enabled, the block reward is increased by a certain percentage. For Dropcoin the bonus is set at ten percent.
Wallets
Official Windows 64-bit: Standalone v0.10.2 | Installer v0.10.2
Official Windows 32-bit: Standalone v0.10.2 | Installer v0.10.2
Official Linux 64-bit: v0.10.2
Official Linux 32-bit: v0.10.2
Official Mac OS X: v0.10.2
Official Android: pending
Official iOS: pending
Official Source: Git Repository
Official Windows 64-bit: Standalone v0.10.2 | Installer v0.10.2
Official Windows 32-bit: Standalone v0.10.2 | Installer v0.10.2
Official Linux 64-bit: v0.10.2
Official Linux 32-bit: v0.10.2
Official Mac OS X: v0.10.2
Official Android: pending
Official iOS: pending
Official Source: Git Repository
Mining
With the Qt wallet: Open wallet and click on the Mining tab
or
With daemon: dropcoin-cli setgenerate true
ccMiner Source: Git Repository
ccMiner Windows: ccminer.zip
cpuminer source: Git Repository (curtesy of kernels10)
Note: cpuminer currently does not work with PoK and is not significantly faster than the in-wallet miner. In other words, unless you see a hashing speed increase of over 10% you are better off mining using the wallet with PoK enabled.
To mine using cpuminer or ccminer, your dropcoin.conf file needs to contain:
Replace "someusername" and "somepassword" with whatever you like.
The 'rpcport' parameter is optional and will default to port 29019 if not set otherwise,
and 'rpcallowip' should be replaced with the IP address of the computer running cpuminer.
To run cpuminer on *nix based systems:
To run cpuminer on windows:
To run ccminer on *nix based systems:
To run ccminer on windows:
or
With daemon: dropcoin-cli setgenerate true
ccMiner Source: Git Repository
ccMiner Windows: ccminer.zip
cpuminer source: Git Repository (curtesy of kernels10)
Note: cpuminer currently does not work with PoK and is not significantly faster than the in-wallet miner. In other words, unless you see a hashing speed increase of over 10% you are better off mining using the wallet with PoK enabled.
To mine using cpuminer or ccminer, your dropcoin.conf file needs to contain:
Code:
rpcuser=someusername
rpcpassword=somepassword
rpcport=29019
rpcallowip=127.0.0.1
server=1
usepok=0
daemon=1
rpcpassword=somepassword
rpcport=29019
rpcallowip=127.0.0.1
server=1
usepok=0
daemon=1
Replace "someusername" and "somepassword" with whatever you like.
The 'rpcport' parameter is optional and will default to port 29019 if not set otherwise,
and 'rpcallowip' should be replaced with the IP address of the computer running cpuminer.
To run cpuminer on *nix based systems:
Code:
./minerd -o 127.0.0.1:29019 -u someusername -p somepassword
To run cpuminer on windows:
Code:
minerd.exe -o 127.0.0.1:29019 -u someusername -p somepassword
To run ccminer on *nix based systems:
Code:
./ccminer -a drop -o 127.0.0.1:29019 -u someusername -p somepassword
To run ccminer on windows:
Code:
ccminer.exe -a drop -o 127.0.0.1:29019 -u someusername -p somepassword
Development / Roadmap
(in no particular order)
(in no particular order)
- Website
- Block Explorer
- iOS Wallet
- Android Wallet
- Secret Item #1
- A real roadmap
- Some type of master node implementation
- Mining Pool(s)
- Catch up with the latest Bitcoin Core code
- [ more to come ]
Services & Exchanges
Quote
ALCUREX is an cryptocurrency financing company registered in Finland. Business ID: 2612007-8 FINLAND - We know your coin ticker is DROP, but because it's illegal word in database field and commands, we decide to use DRP with your coin.
Contact Info
Email: nscrypto@yandex.com
IRC: #dropcoin on the freenode network - If you don't have an IRC client you can connect using your web browser using kiwiirc web client or freenode webchat
Twitter: NSCryptoNinja
Message me here on bitcointalk, or post in this thread.
The fastest way to reach me is either on IRC or via email.
Email: nscrypto@yandex.com
IRC: #dropcoin on the freenode network - If you don't have an IRC client you can connect using your web browser using kiwiirc web client or freenode webchat
Twitter: NSCryptoNinja
Message me here on bitcointalk, or post in this thread.
The fastest way to reach me is either on IRC or via email.
Development Donation Address: DhaxBo4rDkkghMz9m5JxS5QXzSebjVxM1W
| * | A much better explanation than I am willing to write, given the time I would be willing to spend writing it. |