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quazarcoin

QCN

QuazarCoin

Algorithm:

What is QuazarCoin?

QuazarCoin is a new cryptocurrency based on the CryptoNote protocol. It uses the CryptoNight algorithm which is the most democratic today, fully ASIC-resistant and only CPU-mineable. QuazarCoin protects data and privacy through unlinkable transactions with ring signatures. QuazarCoin was launched 5/8/2014 without premine or instamine. Now QCN has a fast miner for Win32/64, Linux and OS X 10.9.

Release date: May 8th, 2014

Specifications

•      CryptoNight PoW algorithm
•       120 sec blocks
•       Difficulty retargets every block
•       Total coins supply: ~18,446,744
•       Block reward decreases according to the formula (264 - 1 - A)*2-21*10-12, where A = supply mined to date
•       Emission curve 21 with 120 seconds block; 50% QCN will be emitted in 6 years
•       Confirms: 60
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