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DRM

Dreamcoin

Algorithm:

What is Dreamcoin?

Dreamcoin is an X11 (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo) coin built with Zerocoin (More information on Zerocoin here: http://en.wikipedia.org/wiki/Zerocoin) which adds anonymity to transactions. It features random block difficulty adjusts and set block rewards with Proof of Work first and then Proof of Stake with a 15% annual interest.

Release date: May 7th, 2014

Specifications

  • Algorithm: X11 PoW & PoS
  • Ticker: DRM
  • Total coins: ~1.85 Million with PoW
  • Block reward: Starts at 500 coins per block and drops to 100 coins per with a random 350 coins after block 3500:
  • Reward-----Blocks
  • 500 500
  • 250 1500
  • 350 3500
  • 100 10000
  • PoW last: 10000 ~7 days (About a week)
  • PoS starts after block 8000
  • Block Generation Time: 60 seconds
  • PoS Minimum Age: 8 hours
  • PoS Maximum Age: Unlimited
  • Difficulty Readjusts every block
  • Confirmations on Transactions: 10
  • CoinBase Maturity: 50
  • Stake interest: 15% per year
  • No Premine
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