Post
Topic
Board Altcoin Discussion
Re: GrandCoin is added to Cryptsy!
by
MaGNeT
on 10/08/2013, 19:16:12 UTC
IF YOU MISSED THE POST AT ALTCOINTALK EARLER TODAY.....

Grand Coin [GDC] - The coin that pays 1 grand per block.

NO PREMINE!!

LAUNCH DATE 13/07/2013



EARLY SUPPORTERS BONUS First day: 5x 2nd day: 3x 3rd day: 2x
(superblocks will be multiplied by the same factor)

 
Downloads (windows): v1.1 updated 23/07/13
https://mega.co.nz/#!lkEmxDra!V5Tpj3St3WEwII-vqUAK6iqj7JR-lLHIffR-_JMvsR4
https://docs.google.com/file/d/0B-_cT_EUbb3oSkw1dnZROXRoNW8/edit?usp=sharing

Source
https://github.com/grandcoin/grandcoin

POOLS:
http://gdc.scryptmining.com  (new 10/80/13)
http://grandcoin.miningpool.co/
http://coinminer.net:8000/gdc




DAILY AND WEEKLY LOTTO PRIZES
every day there will be a random superblock of 5000-10000 coins (1/1920 chance)
every week there will be a super+ block of 50000-100000 coins (1/13440 chance)


 
FEATURES:
45 second block time
6 blocks transaction confirmation
50 minted block maturity
30 block difficulty retarget
accelerated diff re-targeting
Supports transaction messages
coins per block halves every year, or 700800 blocks
0 premine
tx fee 0.1%
45 sec block
80 blocks per hour
1920 blocks per day
57600 blocks per month
700800 blocks per year (365 days)
expect total 1,420,609,614 coins
Normal Payout per block: 1000 coins per block
=====
Ports:
- Connection: 12377
- RPC: 12378
 
Sample grandcoin.conf:
listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcallowip=10.1.1.*
rpcport=12378
addnode=121.73.182.116
addnode=79.112.177.129
addnode=78.21.224.147



 
Mining:
GRANDCOIN is a descendant of Litecoin, so use scrypt to mine

1. Start up grandcoin-qt, wait for it to load, then exit.
2. Put grandcoin.conf (see sample file above) in your c:/users/**yourcomputername**/appdata/roaming/grandcoin
3. restart grandcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or whatever mining program you like and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:12378 -u **yourusername** -p **password** (without **)
 
To many orphans or stales? try adding --expiry 1