Post
Topic
Board Wallet software
Topic OP
[ANN] [ZIB] Zibcoin: Bitcoin for everyone. Start using zibcoins now!
by
klabaki
on 20/03/2014, 00:14:15 UTC



Ƶibcoin
Bitcoin for everyone

http://zibcoin.org/

1 000 000 zibcoins = 1 bitcoin
0.000 001 bitcoins = 1 zibcoin



ƵSpecifications
No premine
Proof of Work: SHA-2562
Block time: 10 minutes
Block reward halves every 210000 blocks (about 4 years)
Initial block reward: 50 million ZBC
Total coin supply: About 21 million million ZBC (after about 130 years)
Difficulty adjusts every 2016 blocks
P2P port: 8333
RPC port: 8332
Configuration file: bitcoin.conf

How it works
  • About 290000 blocks already mined.
  • Every bitcoin owner can redeem their zibcoins.
  • Redeem 1 million zibcoins for each bitcoin!
  • Bitcoin and Zibcoin are binary compatible → smooth transition.
  • Bitcoins and zibcoins are freely convertible.
  • Fixed exchange rate: 1 BTC = 1 million ZBC

ƵRedemption
At any time you may choose to redeem your zibcoins:
  • Take one of your Bitcoin wallets.
  • Change the label of the wallet from "Bitcoin" to "Zibcoin".
  • For each bitcoin you are entitled to redeem 1 million zibcoins.
  • That's it! Happy Zibcoining!

At any time you may choose to convert them back to bitcoins:
  • Take one of your Zibcoin wallets.
  • Change the label of the wallet from "Zibcoin" to "Bitcoin".
  • You need to deposit 1 million zibcoins for each bitcoin.
  • That's it! Happy Bitcoining!

ƵDownloads

GitHub source
https://github.com/zibcoin/zibcoin


Windows wallet
Coming soon...TM


Mac Wallet
Coming soon...TM

ƵMining
Zibcoin mining works exactly like Bitcoin mining.
Just point your Bitcoin mining equipment to your Zibcoin wallet and you'll be mining zibcoins. It's easy!

ƵBlock explorers
Unfortunately, there's no Zibcoin block explorer yet. :-(
The current work-around is to use "blockchain.info" and switch units to "µBTC".
Then you just need to imagine there'd be a "ZBC" in place of "µBTC".

This place will advertise the first Zibcoin block explorer as soon as it exists.

ƵPaper wallets
Step-by-step guide
1.: Take your Bitcoin paper wallet.
2.: Move the decimal point six places to the right.
3.: Remove leading zeros (if any).
4.: Replace "BTC" with "ZBC".
5.: That's it! Happy Zibcoining!

ƵExchanges
Unfortunately, there's no direct Zibcoin-to-fiat-money exchange yet. :-(
The current work-around is to use Bitcoin-to-fiat-money exchanges and convert to/from Zibcoin using the redemption scheme as described above.

This place will advertise the first direct Zibcoin-to-fiat-money exchange as soon as it exists.

ƵFaucet
Coming soon...TM

ƵBounties
  • 30k ZBC are promised to be paid for a better icon claimed by klabaki, see above

ƵLinks & Social
Home page - http://zibcoin.org/
IRC - Channel #zibcoin on freenode
Reddit - https://reddit.com/r/Zibcoin
Twitter - https://twitter.com/zibcoin

ƵCommunity volunteers
gojomo
klabaki