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inkcoin

INK

INKcoin

Algorithm:

What is INKcoin?

SHAvite-3 is a secure and efficient hash function design by Eli Biham and Orr Dunkelman. SHAvite-3 is based on the HAIFA construction and the AES building blocks. SHAvite-3 uses a well understood set of primitives such as a Feistel block cipher which iterates a round function based on the AES round. SHAvite-3’s compression functions are secure against cryptanalysis, while the selected mode of iteration offers maximal security against black box attacks on the hash function. SHAvite-3 is both fast and resource-efficient, making it suitable for a wide range of environments, ranging from 8-bit platforms to 64-bit platforms (and beyond).

Release date: March 13th, 2014

Specifications

  • Algorithm: SHAvite-3
  • How many coins? 11,000,000 max coins
  • 50 coins per block
  • Reward halves every 110,000 blocks
  • NO PRE-MINE
  • Difficulty re-targets every 7 days
ExchangePrice
NXT-e no API

Pools

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