What is Thorcoin?
Thorcoin, a revolutionary hybrid proof-of-work/proof-of-stake coin. With Thorcoin you are able to receive and send Thorcoin all around the world and back, to all of your peers including businesses, friends, and family. Thorcoin is a Scrypt Jane Hybrid which only can be mined using CPU’s and GPU’s. Feel safe with ASIC resistant Scrypt Jane. The millions of dollars spent on developing ASIC mining are made so CPUs and GPUs are no longer efficient for mining. The result of this was large datacenters with ASICs mining Bitcoin and made CPUs and GPUs unusable for mining, so many went to mine Litecoin, now litecoin has ASICs of its own. A new revolutionary currency will change this, Thorcoin. Why? Thorcoin’s ASIC Resistance.Release date: March 1st, 2014
- Total coins: 15 Billion
- Premine: 1.5%
- Block time target: 1 minute
- Block reward: 200,000, halving every three weeks down to a minimum of 500 per block.
- Difficulty retarget: Every 30 Minutes
- First 1000 blocks are random 10,000-200,000 to help everyone load their clients.
- NFactor start 4 max 30
- Mined block confirmation: 40
- Transaction confirmation: 5