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README.md

ExaByte (EXB)

Copyright (c) 2009-2013 Bitcoin Developers, Copyright (c) 2014 ExaByte Developers

What is ExaByte?

ExaByte is mineable with three algorithms and random rewards.

Specifications:

  • Proof of Work based. Mine using any of the 3 algorithms : sha256d(default), scrypt or groestl.
  • Difficulty is retargeted every block. (4% up ,2 % down)
  • 30 seconds
  • Max coin will be 500,000,000 coin ever
  • Random Coins per Block Based on Probability
    • 48% 5
    • 25% 10
    • 15% 25
    • 11% 50
    • 1% 100

After block 1,000,000 reward remand at 1 coin.~ ( 1 year ) Confirmations: Confirmations for mined blocks are 120 Transactions require 6 confirmations to become valid.

License

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

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