Post
Topic
Board Announcements (Altcoins)
Re: {ANN} Cloudcoin CDC Prerelease Announcement - proof of stake
by
Alex P
on 14/07/2013, 17:10:37 UTC
Reserverd!!

CloudCoin - CDC





Cloudcoin is a new alternate exchange currency with proof-of-stake scheme.

Cloudcoin was created to be the median of all coins in the crypto exchange world. It is simple, easy and energy efficient. It is meant to be a costumer and exchange friendly coin with the benefits of it’s optimized specifications. The proof-of-stake scheme makes the coin and the transactions safe, secure and long living. Stake also helps the coin to achieve a leading role in the future of the crypto currency coins, since it is using proof-of-stake not proof-of-work like other coins.

You can read more about the benefits of proof-of-stake here: http://bitcoin.stackexchange.com/questions/9082/what-is-proof-of-stake

Our dev team is working on the final touches of the coin which will be released within weeks. They are also working on the official website which will be released with the coin and will give a simple user friendly interface for the miners, customers and supporters. The team is also working on the development of additional sites that will support cloudcoin. We would like to aim the business and consumer sector with this coin.
Our marketing team is getting in touch with exchange sites and merchants too.
Features:
Block Target is 20 sec
Block reward halved every 800k blocks
100 million total coins
80 coins per block
High starting difficulty to avoid instamine
Proof of stake scheme
3 Conformations - optimized 1 minute transaction time
Thank you for reading our prerelease announcement. I know that we have a long way to go, but we will work hard on this project. I am going to inform everybody about the specific release date. We will make sure to have a fair start.
Stay tuned. Cloudcoin team.

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