Skip to content

Latest commit

 

History

History
42 lines (25 loc) · 2.19 KB

README.en.md

File metadata and controls

42 lines (25 loc) · 2.19 KB
Raw

Proyecto Chaucha

Read this in other languages: Spanish, English

The main objective of Proyecto Chaucha (www.chaucha.cl) is to educate chilean population about the use of cryptocurrencies by proposing a reliable, open, and decentralized monetary system, along with the necessary documentation to easily understand the functioning of the network and the used technology.

Chauchera

Chaucha

Official Wallet of Proyecto Chaucha.

What is this?

Chauchera is a modified client from the Litecoin (0.13.3) source code, that allows people to communicate with the network of Proyecto Chaucha.

With the Chauchera you will be able to send and receive Chauchas (CHA), which is the cryptocurrency used in this network.

Why the name "Chauchera"?

In Chile is common calling "chauchera" to a little purse used to keep coins, and given that the cryptocurrency is called Chaucha, the normal thing was calling the wallet Chauchera.

Information of the Chaucha network:

  • Every minute Chauchas are generated as a reward of mining a block.
  • With the first block 50.000 CHA were generated for the financing of the project.
  • Since block #1 to #2833 the reward was of 10 CHA per block.
  • From the #2834 block to the #50000 block the reward is variable.
  • From the #50000 block onwards, the reward is the 10 CHA for block, divided in 2 every 2 years approximately.
  • The difficulty of the mining of each block is dynamically recalculated from the 147000 block by using DGW.
  • The maximum of Chauchas that will exist in the network is 10.800.000 CHA.
  • The PMC1 proposal defined the generation in 1.5 CHA and the Halving in 5 years from the #220000 block
  • The Chaucha network is based on Litecoin.

Where can I download the clients?

In the releases section of Github.