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mtgoxcoin

GOX

MtGoxCoin

Algorithm:

What is MtGoxCoin?

Mt.Gox, the first and once biggest Bitcoin exchange pulled some really bad s**t on us recently. We don’t exactly know if it was gross incompetence of losing private keys, an inside job, or theft but they lost more than 750K BTC and a buttload of cash from hundreds of thousands miners and investors who put their trust in them. This is not OK. WE ARE PISSED! And we want to do something about this.

We pre-mined the coin to be able to compensate every person who lost coins on Mt.Gox. We do this by giving away lots of MtGox Coins (GOX) so everyone who lost money on Mt.Gox exchange will have free coins and get partially compensated.

Disclaimer: MtGox Coin is not affiliated with MtGox Co., Ltd. in any way. We don’t have, nor do we intend to acquire the user database with balances from Mt.Gox or anybody who may have stolen it from them because we consider that private information.

We are also using some of the premine for: bounties like blockexplorers, pools, promotion, maintenance for vps node servers, hosting premium servers, daily giveaways, paying huge giveaways for people that pay BTC and more.

Release date: February 10th, 2014

Specifications

  • Start date: Mon, 10 Feb 2014 11:00 PM GMT
  • Algo: Scrypt - Proof Of Work
  • Coins per block: 25 GOX
  • Block time: 3 Minutes
  • Difficulty retargeting: 10 Blocks
  • Total coins: 1B/83years
  • Premine: 0.09%/972k
  • Unit: GOX
  • Birth of genesis block: Fri, 28 Feb 2014
  • Code: Based on 0.8.6.2 with our own custom algorithms fixes
  • Rpcport: 9988
  • P2port: 9977
  • Wallet Update: Block 16000
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