ButKoin

ButKoin is a decentralized secure cryptocurrency that is easy to mine devoid from 51% attack and it provide easy means of transactions between individuals. It is a Multi-algorithm coin. ButKoin uses a Smartnode collateral and reward system that prevent hyperinflation. ButKoin create a means for easy mining as everybody can participate in the mining processes. ButKoin rewards ranges from 4.0 BUTK from block height 1 to 720, were at height 721 it will be 5000 ButK. This reward structures are all listed in the whitepaper.

Specifications

Name: ButKoin
Ticker: ButK
Algorithm: Sha256d | Scrypt | Yespower | Ghostrider | Lyra2
P2P: 24240
Masternode Collateral: 60,000 ButK (Currently)

Mining

For Ubuntu

Code:

mkdir ~/.but

then

Code:

nano ~/.but/but.conf

And add this

Code:

rpcuser=anyname
rpcpassword=AlphaNumberic
rpcport=25250
server=1
listen=1
daemon=1
algo=scrypt

Remember that you can take the algorithm to mine with using -algo=sha256d or -algo=scrypt or -algo=yespower or -algo=lyra2 or -algo=ghostrider

Save that and run the daemon

Code:

./butd

You can simply run it with

Code:

./but-cli setgenerate true 4