New AltCoin Releases for August 3rd

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Altcoin Launch

Photo courtesy of Isaías Campbell via Flikr

New coins launched today, details from their announcement posts are listed here as well as links to their BitcoinTalk.org ANN Threads. Please be careful with all altcoins as any could be scams. This is in now way against any particular coin listed just a general word of caution.

London Close Trade Strategy with Vic Noble and Shirley Hudson
 FileBit

• PoW Algorithm: X15
• Anonymous protocol (zerocoin)
• PoW + PoS hybrid
• Confirmations for blocks to mature: 60
• Re-target difficulty each block
• PoW Total Blocks: 9400 PoW blocks
• Total coins: 8,800,000 FBIT
• 60 second block time
• PoW block reward: 936.17 FBIT
• Block Fees: 0.8% per 10 (FBIT Reserve)
• Transaction confirmations: 3
• 60 confirmations for block to mature
• POS starts at 1000 block
• PoS Interest: 2%
• Transaction Confirmations: 10
• No IPO
• No Premine

BitcoinTalk Forum Post


GROUPCoin PoW Algorithm: X13
PoW+PoS
Total Coins (At end of PoW+Distribution Phase): 10,000,000
Total Coins to be distributed: 7,000,000
50 Second block time
35 Confirms for a block to mature
PoW Blocks: 1082
Block 0-1: 7,000,000 Coins
Block 2-81: 0 – Avoid Instamine
Block 82-1082: 3000 Coins
PoS Interest: 7.5% Annually

BitcoinTalk Forum Post


LimiCoin

Symbol: LNG
Algo: X15
Block time: 60s
10000 POW blocks
POS: 5%
Pools will be hosted by third party pools.
Block explorer will be available right after launch.
Wallet/Source will be available right at the end of POW.
Source code will be available to pools right at launch.

BitcoinTalk Forum Post


Longcoin

Symbol: LNG
Algo: X11 PoW
Block time: 60 sec
Difficulty retarget: every block
Total coins: 2,000,000
Premine: 100,000 – 5% of total supply (80,000 presale, 20,000 bounties, faucets, etc)

Block 0 – 0 : 0 LNG
Block 1 – 1 : 100,000 LNG (presale, promotion)
Blocks 2 – 360 : 0 LNG (6 hours)
Blocks 361 – 43200 : 0.5 LNG (1 month)
Blocks 43201 – 525600 : 0.25 LNG (1 year)
Blocks 525601 – 2628000 : 0.125 LNG (5 years)
Blocks 2628001 – 24763840: 0.0625 LNG (47 years)

Official Website

BitcoinTalk Forum Post

One comment on “New AltCoin Releases for August 3rd

  1. […] New coins launched today, details from their announcement posts are listed here as well as links to their BitcoinTalk.org ANN Threads. Please be careful with all altcoins as any could be scams. Thi…  […]