General Information (Subject to change) Block Distribution: PoW Algorithm: Scrypt Maximum Coins: 1 Billion (1,000,000,000) Block Retarget: 60 Seconds Difficulty Retarget: Kimoto Gravity Well Ports: RPC: 9919, P2P: 9929 Confirmations: 2 Confirmations per transaction Block Reward: See below. Premine: 25,000 FOX (0.000025%).
Block Reward: Genesis Block: 250 FOX Halving: None, decreases by 0.000125 FOX every block (1 FOX every 8000 Blocks) Halving Stop: Stops at block 1,960,000, resulting in 5 FOX reward Reward after Halving stop: 5 FOX (All FoxCoins will be mined within 282 Years) Expected block rewards according to Time: http://i.imgur.com/SVnKuBV.png Image of what the decreasing block reward looks like Image Taken via Testnet: http://i.imgur.com/GQSKLb9.png
Premine: Update: We're thinking about premining 25K coins for initial bounties and givaways. Please post thoughts on this Update: We have decided to do a 25K (100 block, or 1 hour and 40 minutes) premine. (We are still taking suggestions however) Please view ledger below to see how rewards will be distributed.
Features: Aside from the dynamic block reward we are working to include a few things to the FoxHole to make it a 'bit' more friendly to new crypto users, including things like tutorials, hints, etc. Also we may be adding a statistics screen in the future.
Suggestions: Please leave suggestions related to FoxCoin below, you'd really help us out on making a better cryptocurrency for everybody involved. The devs are also looking for opinions on: -Superblocks: Blocks that yield more FoxCoins randomly -Statistics page: Making the 'getinfo' command obsolete -Confirmations: How many confirmations per transaction?
Please post opinions below.
FoxHole Evolution: Making the wallet easier to use and more friendly to somebody who is completely new to cryptocurrency. This is one of the main goals of FoxCoin. Progress so far:
FoxCoin supports decentralization, please help us prevent 51% attacks by mining in a decentralized p2pool. P2POOLs: [RECOMMENDED]
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Pool URL fox.doxmon.com:9199 Username FoxCoin Address Password Anything Algorithm Scrypt Pool Stats http://fox.doxmon.com:9199 Main Page http://doxmon.com
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Welcome to TaKeN p2pool IPv4 & IPv6 support! Pool fee is 1%. More info: http://taken.pl
Foxcoin P2Pool - STATUS: UP Pool URL: http://taken.pl:9199 Username: FoxCoin Address Password: Anything Algorithm: Scrypt Don't use an exchange address - Use your wallet address
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For charts and graphs 76.120.23.46:9199/static/
URL 76.120.23.46 Port 9199
Premine Distribution 5,000 FOX = First pool 5,000 FOX = Block explorer 2,500 FOX = Second pool 2,500 FOX = OSX FoxHole compile Misc Bounties (6,000 FOX Remaining): 500 FOX per suggestion to be added, post below 100-1000 FOX for promoting FoxCoin
Donations: The devs accept DogeCoin donations via: DB2dQrUf2mPw7UpfTd4Zknd5nTvF5mFQ2T FoxCoin: x19UY4RUjGnFMWsoJ8viDcdXJLU5kkwBQX Please note that you are not 'buying' anything by donating, you are donating. You will in no way be directly given anything for your donations unless otherwise specified.
We are also looking for pools at launch, and more people willing to host nodes. Post to be updated as I get information