Name: AfricaCoin Lead Developer !xi8/JKFwzo 2013-10-17 7:38
This is official thread for discussing the AfricaCoin protocol. AfricaCoin (Symbol: NIG) is a cryptocurrency designed with the specially needs of developing countries in mind.
Coin limit: Following the advice of leading African economists, there will be an infinite number of coins.
Payouts: Each block contains one hundred quadrillion AfricaCoins to allow for a 1:1 valuation with African currencies.
Rewards: Increases at the same rate as the world population of apemen multiplied by the amount of racism that a strong woman of color faces every day.
Hashing algorithm: CRC32 of course, which is made with only simple math that can be quickly run on even those shitty OLPC things with cranks.
Proof-of-work: Fuuuuuuuuuuuuuuuuck nooooooooooooooo!
Proof-of-stake: sounds better
Block time: should average anywhere between one minute to a few days.
Difficulty increases: Difficulty constantly goes down to ensure that all blacks get a fair chance to get rich.
Confirmations: 1 confirmation should be good enough.
Other unique features
Mining will mostly be done by foreign countries and the UN and given to niggers as welfare payments and foreign aid packages.
There will be a higher transaction fee on whites as reparations for slavery.
The lightweight client and small blockchain will be efficient enough to run on the phones that the somehow get, so that any nigger heifer can sell her children's cherries to the pack leader's son without being oppressed by the banks.
AfricaCoin will replace BitCoin as the choice monopoly money of drug dealers and the price will skyrocket when every degenerate has to buy them to get his next fix of the powdered Jew.
Coin limit: Following the advice of leading African economists, there will be an infinite number of coins.
Payouts: Each block contains one hundred quadrillion AfricaCoins to allow for a 1:1 valuation with African currencies.
Rewards: Increases at the same rate as the world population of apemen multiplied by the amount of racism that a strong woman of color faces every day.
Hashing algorithm: CRC32 of course, which is made with only simple math that can be quickly run on even those shitty OLPC things with cranks.
Proof-of-work: Fuuuuuuuuuuuuuuuuck nooooooooooooooo!
Proof-of-stake: sounds better
Block time: should average anywhere between one minute to a few days.
Difficulty increases: Difficulty constantly goes down to ensure that all blacks get a fair chance to get rich.
Confirmations: 1 confirmation should be good enough.
Other unique features
Mining will mostly be done by foreign countries and the UN and given to niggers as welfare payments and foreign aid packages.
There will be a higher transaction fee on whites as reparations for slavery.
The lightweight client and small blockchain will be efficient enough to run on the phones that the somehow get, so that any nigger heifer can sell her children's cherries to the pack leader's son without being oppressed by the banks.
AfricaCoin will replace BitCoin as the choice monopoly money of drug dealers and the price will skyrocket when every degenerate has to buy them to get his next fix of the powdered Jew.