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README.md

Standard Coin

Standardcoin

https://standardcoin.net

Copyright (c) 2009-2013 Bitcoin Developers

Copyright (c) 2011-2013 Litecoin Developers

Copyright (c) 2014 Standardcoin Developers

StandardCoin is designed for investors

StandardCoin uses Bitcoin Standard System.

Just like the Gold Standard System StandardCoin's value is based on a fixed quantity of Bitcoin. You can always exchange as many StandardCoin as you want to Bitcoin at anytime.

StandardCoin's value against Bitcoin's value rises overtime.

No matter how many coins is mined and dumped. The fixed rate of StandardCoin's value against Bitcoin's value can not be drop, it rises instead.

For more details. Go to our homepage at: https://standardcoin.net/

Specifications

Standardcoin is a lite version of Bitcoin using scrypt as a proof-of-work algorithm.

  • 1 minute block targets
  • subsidy halves in 500k blocks (~1 year)
  • ~400 million total coins
  • 100 coins per block
  • Retargeting using Kimoto Gravity Well

For more information, as well as an immediately useable, binary version of the Standardcoin client sofware, see https://standardcoin.net.

License

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