What is Gollumcoin?
Gollumcoin is a new alternative cryptocurrency based on Litecoin. GollumCoin will be linked to an online game. The games backend framework
is in final development stage. Specifications will be released soon.
Release date: March 29th, 2014
- algorithm: scrypt
- 60 seconds blocktime
- block reward: 50 GLM
- 17.000.000 GLM to be mined
- block rewards halfs every month
- difficulty retargets every 60 Blocks
- KGW implementation starts after 48h
- bonus blocks for early adopters (1st 32h)
- 0.9% premine for bounties, giveaways & marketing
- after 12 months blockreward = 1 GLM/block = 525600 GLM per year i.p.