TrapCoin is the official takeover of the Spliffcoin project. As of January 1st 2016, the original dev has been nowhere to be seen. Leaving a well established coin to die off in oblivion. With the perfect opportunity for a takeover/rebranding I figured it would be a great time to put my idea in motion. Instead of having a pointless currency with no other value than being backed by bitcoin, TrapCoin will be backed by a player driven minecraft economy. The minecraft server is called Trap Life and is currently in development. Release is scheduled for the end May. Not to be confused with the term Trap from 4chan, where it defines a transsexual person. TrapCoin's name is based off of the theme of the minecraft server. With both cheap dumps on safecex as well as mining still underway. This coin offers equal opportunity for both people with expensive mining hardware and the ones who don't. The TrapCoin Project is currently being developed by SockPuppetAccount and myself. Due to my knowledge of compiling and web development I am taking the the lead of anything software related. Anything to do with bounties, promo, social media or even new ideas for the project will be through SockPuppetAccount.
Specifications Algo : X11 PoW/PoS PoS : Static Rewards w/ Split block Full Unit : Pound Milli Unit: Ounce Micro Unit : Gram PoW Blocks : 100,000 First 20,000 Blocks : 40 Pounds Block 20,000+ : 20 Pounds Block 100,000+ : 10 Pounds Total POW Supply : 2,400,000 Pounds Blocktime : 180 seconds Diff. Retarget : Each Block RPCPORT : 45455 P2PPORT : 45456