Post
Topic
Board Announcements (Altcoins)
Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor
by
Honourablequest
on 02/07/2014, 16:51:05 UTC
change the algorithm x11 and add POS

Support x11- something new:

  • algorithm uses eleven hashing functions from the Blake algorithm to the Keccak algorithm making it very secure.
  • gives fast hashes for both GPU’s and CPU’s.
  • keeps GPU’s over 30% cooler.
  • Being more complicated than a SHA​256 ASIC implementation, allow for a longer period of mining for CPU/GPU users.

Support POS - consume less power:

Proof-of-stake (POS) is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. This process secures the network and gradually produces new coins over time without consuming significant computational power.
Proof-of-work (POW) run hashing algorithms to validate electronic transactions

Can implement both POS and POW such as in Peercoin can makes a malicious attack on the network more difficult.

Also support new improved wallet - faster transactions - wallet open faster - logo smaller - brand blue in wallet colours / icons etc.

Innovative idea - couple the purchasing of AlcuEx shares to mrc (trade directly on AlcuEx) and use % of AlcuEx trading profits to automatically buy mrc for btc.