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README.md

KittehCoin [MEOW] 0.8.6.2 with Kimoto Gravity Well

Kitteh sez MEOW - visit the official bitcointalk thread at https://bitcointalk.org/index.php?topic=1340334.0 Coin inception was roughly December 24, 2013, 09:14:00 AM UTC, when the thread was created. No pre-mining whatsoever was performed before release.

Proof of Work: '''Scrypt'''

RPC Port '''22565''' P2P Port '''22566'''

Root Seed(s): dnsseed.kittehcoinblockexplorer.com

Coin parameters

Target Spacing: '''60 Seconds'''
Target Timespan: '''Kimoto Gravity Well, min blocks @ 36 max blocks @1008'''
Max Money: '''25,000,000,000 MEOW'''
Minimum Transaction Fee: 1 MEOW.

Mining reward algorithm

Multi-tiered reward system. Random reward amounts with a guaranteed minimum reward of 1,000 MEOW per block. Max reward starts at 50,000 and halves every 200k blocks per tier until end of tier 3. After tier 3 halving moves to once every 100k blocks. After tier 5 reward is fixed at 2,000 MEOW per block, plus transaction fees, until 25B MEOW is reached.

Average reward per block per tier (average = mean/tier + 10%)

  • Tier 1: 27,500 MEOW / block, 5,500,000,000 MEOW EST. TOTAL
  • Tier 2: 13,750 MEOW / block, 2,750,000,000 MEOW EST. TOTAL
  • Tier 3: 6,875 MEOW / block, 1,375,000,000 MEOW EST. TOTAL
  • Tier 4: 3,427.5 MEOW / block, 687,000,000 MEOW EST. TOTAL
  • Tier 5: 1718.75 MEOW / block, 343,500,000 MEOW EST. TOTAL

MEOW Mining Rewards Table:

  • Blocks 1 — 200,000: 1,000 – 50,000 MEOW Reward
  • Blocks 200,001 — 400,000: 1,000 – 25,000 MEOW Reward
  • Blocks 400,001 — 500,000: 1,000 – 12,500 MEOW Reward
  • Blocks 500,001 — 600,000: 1,000 – 6,250 MEOW Reward
  • Blocks 600,001 — 700,000: 1,000 – 3,125 MEOW Reward
  • Blocks 700,001 + : 2,000 Reward (flat)