OctoCoin [888] - Open Source cryptographic Internet currency (Launch: Mar 8th, 2014)
- Scrypt POW
- Total Coins: 88,888,888
- 88 second block targets
- re-targets every 888 seconds using 40 block sample and .25 damping to calculate difficulty*
- 8.8% maximum change on difficulty re-target*
- During the first 6 months, ~31 million OctoCoins will be minted
- 0.8% pre-mine (block 1) for promotions, marketing, rewards, donations, and dev team compensation. Public pre-mine ledger available at https://octocoin.org
- First 8 days after launch: 888 OctoCoins per block (Launch Promo + Fair Base Distribution + Rapid Dilution of Pre-mine)
- Following 88 days: 88 OctoCoins per block with a 1/8 chance of hitting a bonus block containing 888 OctoCoins (~123 bonus blocks/day)*
- Next 88 days: 88 OctoCoins per block
- Through the next few decades, beginning at block 180,656, the remaining OctoCoins (~58 million) will be minted
- 80 OctoCoins per block
- Block reward is halved each year
*Hardfork #1 [Block 75,888+]
- ETA: Monday, May 26, 2014 @ 8:08 AM (UTC)
- Difficulty adjusts after every block using a weighted calculation
- Bonus blocks and standard blocks are averaged together to create steady 188 coin blocks (distribution and total coins remain unaffected).
Downloads:
Developers work in their own trees, then submit pull requests when they think their feature or bug fix is ready.
The patch will be accepted if there is broad consensus that it is a good thing. Developers should expect to rework and resubmit patches if they don't match the project's coding conventions (see coding.txt) or are controversial.
The master branch is regularly built and tested, but is not guaranteed to be completely stable. Tags are regularly created to indicate new official, stable release versions of OctoCoin.
Feature branches are created when there are major new features being worked on by several people.
From time to time a pull request will become outdated. If this occurs, and the pull is no longer automatically mergeable; a comment on the pull will be used to issue a warning of closure. The pull will be closed 15 days after the warning if action is not taken by the author. Pull requests closed in this manner will have their corresponding issue labeled 'stagnant'.
Issues with no commits will be given a similar warning, and closed after 15 days from their last activity. Issues closed in this manner will be labeled 'stale'.
Check out https://octocoin.org for more info about the development.