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Blakecoin

BLC

Blakecoin

Algorithm:

What is Blakecoin?

Blakecoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Blakecoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Forked from Bitcoin reference wallet 0.8.5

Blake-256(optimized) faster than Scrypt and faster than SHA-256 in Sphlib C code

The algorithm was written as a candidate for SHA-3, Based on round one candidate code from the Sphlib 2.1 library and reduced the round function to 8 rounds.

Release date: February 24th, 2014

Specifications

  • Block reward is 25 coin + inflation (square root of (difficulty + block height))
  • No halfing of block reward
  • Cap in place to reduce the difficulty jumps upwards
  • Block target time is 3 minutes and retargets every hour
  • 7 Billion coins
  • Block maturity 120
ExchangePrice
C-CEX 0.00006800 BTC
Mintpal no API
OpenEx no API

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