Find file
Fetching contributors…
Cannot retrieve contributors at this time
52 lines (33 sloc) 2.9 KB

ClubCoin development tree

ClubCoin is a PoS-based cryptocurrency forked from BlackCoin.

What is ClubCoin?

ClubCoin is a peer-to-peer digital currency that has a decentralized and consensus based system where all transactions are viewed in a public ledger. Which means nobody has control and everything is completely transparent to everyone on the network.

This type of distributed network allows the coin to function without having to trust anyone. The concept of all digital currency is taking the control out of a central authority and putting it where it belongs... In the hands of the people!

With ClubCoin you can transfer money between accounts with ease. You can send any amount to any other person and they will receive it fast and be able to spend it once the transaction is confirmed by the network

Proof of Stake Method

ClubCoin uses the Proof of Stake method to secure all transactions. This means whoever is holding ClubCoin can decide to use the coin to help verify the transactions in the ledger. This process is called staking and this is how the newly issued coins are introduced to the network.

Anyone can stake coins and be rewarded with newly issued ClubCoin. All you have to do is download a wallet and keep the wallet online to process the transactions. This uses your computing power to distribute and verify the network and you get rewarded.

ClubCoin uses open source code, which means everything is public and can be checked, this is what makes digital currency so powerful. Everything is transparent and available for viewing and nobody has anymore authority than anyone else. Your authority only comes based on how much ClubCoin you are holding and staking and anyone can be part of this network.

Development process

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 stable release versions of ClubCoin.

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'.