Dashcoin [DSH] | http://dashcoin.netBased on CryptoNote technology | https://cryptonote.org/Subreddit: http://www.reddit.com/r/Dashcoin/Dashcoin (DSH) is a cryptocurrency started on July 5, 2014. Dashcoin is a fork of Bytecoin and uses the unique algorithm CryptoNight. Our goal with Dashcoin is to create a perfect mirror image of Bytecoin, the first CryptoNote based cryptocurrency, at any given moment of time. Automatically.
Specifications- Algorithm: CryptoNight
- Block time: 120 seconds (2 minutes)
- Difficulty retargets each block
- Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/218, where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
- One coin is divisible down to 8 decimal places (divisible up to 108)
- Total coins: 18 446 744 073 709 551 616 atomic units (= 184.46 billion DSH)
Coin InformationWhy mirror image is better than self sustained fork?The reason is simple - costs. Self sustained forks demand a lot of development time, if you want to build a well maintained cryptocurrency. And if the network grows, the required development time is likely to grow too.
A simpler, and less costly way to maintain a network with high reliability is to create a self mutating copy of it. Mutating copy is a simple copy of the original source, mutating every time the original source mutates.
Even more - such a process can be automated!
Current level of automation:What you should expect in near future:- Automatically generated and uploaded binaries for Windows
- Automatically generated and uploaded binaries for Mac OS X
- Automatically generated and uploaded binaries for Linux
- Automatically updated documentation
Targeted synchronization with the latest Bytecoin code and binaries - 1 hour.
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