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README.md
kibweecoin-qt.pro

README.md

ꝄibweeCoin (KiB)

https://www.kibwee.com

Copyright (c) 2009-2013 Bitcoin Developers
Copyright (c) 2011-2014 DarkCoin Developers
Copyright (c) 2014 KibweeCoin Developers

What is KibweeCoin?

KibweeCoin is a lite version of Bitcoin using X11 as a proof-of-work algorithm.

  • GPU/CPU only mining
  • Block generation: 1 minutes
  • Difficulty Retargets every block using DGW
  • Est. ~3.7M Coins

KibweeCoin is also simulating mining for the non miners through a proof-of-contribution concept.

To participate to the PoC, please visit our website.

For more information, see https://www.kibwee.com

License

KibweeCoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.

Social Network

Specifications

  • Monetary symbol: Ꝅ
  • Monetary symbol Unicode number: U+A744
  • Monetary symbol HTML-code: Ꝅ
  • PoW Algorithm: X11
  • PoC Algorithm: None
  • PoS Interest: 2% / year
  • PoW Basic reward per block: 8 KiB
  • PoW Time target per block: 60 seconds
  • PoW Distribution: The block finder earn the reward
  • PoW Difficulty adjustment: Dark Gravity Well
  • PoW Reward halves: on block 43200 (4 from 8 ), 129600 (2 from 4) and 259200 (1 from 2)
  • PoW coins to be mined: 1.019.520 KiB
  • PoC Time target per Roll: every 60 blocks (60 minutes)
  • PoC basic reward: 472 KiB
  • PoC Distribution: shared between all Contributors
  • PoC total coins: 2.718.720 KiB
  • PoW + PoC total coins: 3.738.240 KiB
  • PoW/PoC Block maturity: 220 blocks
  • End of the PoW/PoC period: on block 345600 (target: 8 months)
  • Transaction confirmations: 6

Config file example (kibweecoin.conf)

rpcuser=kibuser
rpcpassword=kibpass
port=38000
rpcport=38001
maxconnections=200
rpcallowip=localhost
rpcconnect=localhost
gen=0
testnet=0
addnode=37.187.193.228

Linux Compilation

Main Dependencies:

sudo apt-get install -y build-essential libssl-dev libdb-dev libdb++-dev libboost-all-dev libqrencode-dev libcurl4-openssl-dev
wget http://miniupnp.free.fr/files/download.php?file=miniupnpc-1.8.tar.gz && tar -zxf download.php\?file\=miniupnpc-1.8.tar.gz && cd miniupnpc-1.8/
sudo make && sudo make install && cd .. && rm -rf miniupnpc-1.8 download.php\?file\=miniupnpc-1.8.tar.gz

Daemon:

cd kibweecoin/src/leveldb/
sh build_detect_platform build_config.mk ./
cd ..
make -f makefile.unix
strip kibweecoind

QT:

cd kibweecoin/
qmake-qt4
make

Good to know !

  • This version isn't including the PoS script yet.