No description, website, or topics provided.
C++ TypeScript Assembly C Prolog Python Other
Switch branches/tags
Nothing to show
Clone or download
Fetching latest commit…
Cannot retrieve the latest commit at this time.
Permalink
Failed to load latest commit information.
contrib
doc
share
src
.gitattributes
.gitignore
COPYING
README
README.md
microcash-qt.pro

README.md

Microcash Bullion Cryptographic Commodity

Proof of Work/Proof of Stake Hybrid

Scrypt

Linear Difficulty Retarget (2 block retarget)

Transactions require 6 confirmations

Block reward halves after every ~50000 blocks:

Blocks 1-55000 = 10 MCR per; Blocks 55001-95000 = 5 MCR per; Blocks 95001-145000 = 2.5 MCR per; Blocks 145001-195000 = 1.25 MCR per etc

First year coin mint of ~1000000

Aiming to be PoS-only blockchain once PoW block subsidy reaches baseline reward of 0.01. Much research will go into maintaining security of the blockchain if/when MCR goes PoS only. Many possible schemes and solutions are being analyzed for potential implementation, including but not limited to:

-CoinJoin revision for additional PoS overlay scheme

-Increasing PoS rewards to slightly accelerate coin cap growth, to make it more difficult for 51% stake attack.

-Revision to current PoS trust score algorithm

-Additional randomized trust score scheme to increase scrutiny for randomly selected new PoS blocks

Default P2P Port: 7695

Default RPC Port: 8395


Sample config file:

create a file and name it Microcash.conf

And copy/paste the following contents:

rpcuser=username

rpcpassword=password

rpcallowip=127.0.0.1

rpcconnect=127.0.0.1

DNSSEED=1

daemon=1

server=1

gen=0

testnet=0

listen=0

maxconnections=100

addnode=173.230.133.205

addnode=72.78.100.7

addnode=70.98.114.237

addnode=192.81.209.17

addnode=192.241.222.16

addnode=88.198.184.231

addnode=109.169.220.58

addnode=80.255.6.123

addnode=66.58.170.165

addnode=37.187.9.53

addnode=216.158.85.123

addnode=119.9.15.177

replace username and password with your own username and password. Do not use the same username/password that is the same as something sensitive, like a website.

Place the file in your data directory. (you need to run the Qt or daemon once before you do this)

If using Linux, the data directory is located at /home/User/.Microcash where User is your login username for your system.

If using Windows, the data directory is located at C:\Users\USERNAME\AppData\Roaming\Microcash where USERNAME is replaced with your Windows Username.