Hi everyone,
We are happy to announce that the ICO is succesfully finished and we can now make the transition towards our POW phase. This means we will be releasing our source code and compiled wallets.
In order to make sure the mining phase will be fairly distributed the first 8000 blocks will have a reward of 0 coins.
CheckCoin is a lite version of Bitcoin is using X11 as a proof-of-work algorithm.
Specifications- Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
- Block reward is controlled by moore's law: 2222222/(((Difficulty+2600)/9)^2)
- GPU/CPU only mining
- Block generation: 2.5 minutes
- Difficulty Retargets every block using Dark Gravity Wave
- Est. ~7M Coins in 2015, ~13M in 2020, ~23M in 2030
Github:https://github.com/Checkcoin/checkcoinWindows Wallet:http://www.checkcoin.cc/downloads/checkcoin-qt.zipLinux x64 Wallet:http://www.checkcoin.cc/downloads/checkcoin-x64.tar.gzMac OSX Wallet:http://www.checkcoin.cc/downloads/CheckCoin-Qt-MacOSX-v1.0.zipMining pools (still waiting for launch, will be running very shortly):http://x11-x13-pool.org/checkcoin/public/index.phphttp://ckc.minerpools.com/index.phphttp://ckc.hashnz.comWe have set up 8 nodes for a steady launch. If you wish to help the network please set up more nodes. Keep in mind that the community is part of this project, so if you have any feedback, or wish to help, do not hesistate to contact us.
Furthermore:We are working on a new roadmap, which is more focused on development of our GeoLocation system.
Thanks everyone for having faith, trust, and investing in our project!
