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SIC

Sifcoin

Algorithm:

What is Sifcoin?

First of all – a big thank you to the author and to all the participants of this theme TrueCoin.

Release date: June 23rd, 2013

Specifications

  • Based on code Bitcoin 0.8.2 (append fix 0.8.3)
  • Start: 2013-06-23, 00:00 GMT
  • Coin: infinity in time
  • Block target: 5 minutes
  • Dif retarget: every block, +-1% of mean last hour
  • 1 Coin = 100'000 Satoshi
  • Block reward = 1Coin + bonus
  • bonus = sqrt(Diff * block#) Satoshi (eq 0 in start, hundreds in far future)
  • Hash-mining: chain in sha-3 candidate-finalis-win function Blake=>BMW=>Groestl=>JH=>Keccak=>Skein. While only cpu-mining (built-in qt miner)
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