Codebase at https://github.com/js2082/JunkCoin
I compiled Windows 32bit binary (tested with Windows 7 and
, click on file->download: https://docs.google.com/file/d/0B4p3l1ebwJ39RVFxNTh0X1JmZEU/edit?usp=sharing
For all other systems, you need to compile from source code.
Why called junkcoin? Well I think all the altcoins are inherently worthless, but they are fun and just like games.
So anyway don't be too serious on them. Also junk is an ancient Chinese ship which I found cool, see http://en.wikipedia.org/wiki/Junk_%28ship%29
The new feature of this coin is that it added random coin size per block (see below), so even late in the game, you may still hit a block of 1000 coins! Like real gold mining, you may hit different block grade:-)
Below are features:
- Total coins will be around 107 millions
- 1 minutes block target
- Difficulty retargets once per day
- To encorage early adoption the coins per block is high for the first 4 days:
- 1st day: 500 coins per block
- 2nd day: 200 coins per block
- 3rd/4th days: 100 coins per block
- Starting 5th day, it will be 50 coins per block. It will also be halved about every two years (every 1036800 blocks).
- Mining will be shut down after 12 years.
- In regular mining (after first 4 bonus days), there will be 1% chance a block will yield triple of the
normal coins (e.g. in the first 2 years there's 1% chance you get 150 coins per block).
- There is also 1/10,000 (0.01%) chance that a block will yield 1000 coins. This is valid for all 12 years
of the mining.
- The default ports are 9771 (connect) and 9772 (json rpc).
The first 100 blocks are special blocks of 10000 coins each. They are premined for bounty purpose. The 1 million coins premined will be reserved as bounties for pools, exchanges, wikis, support groups, giveaways, faucets, etc, etc. If there are sufficient interests, we can form a committee to manage the fund, in which case I will hand over the 1 million reserved bounty (minus those spent - see below) to the committee.
For now, I offer the following bounties:
1. Junkcoin mining pool:
1st pool: 8000 JKC (name of the pool)
2nd pool: 5000 JKC (name of the pool)
3rd pool: 3000 JKC (name of the pool)
Pool must be running continuous for at least 3 days before the owner can claim the bounty.
2. Junkcoin wiki or website: 10000 JKC
Must maintain and actively update for at least 1 week, before the owner can claim the bounty.
Other bounties will also be offered as needed for activities that significantly promote or enhance the awareness of the junkcoins.
Have fun and take advantage of the early adoptions.
Read more......