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Author Topic: [ANN] [TWC] TwilightCoin-X11-Fair Mining-Fast block-ASIC-resist - Jump on board!  (Read 2232 times)

vindyne8

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    Website: http://www.twilightcoin.com/ || Twitter: http://www.twitter.com/twilight_coin || Reddit: http://www.reddit.com/r/twilightcoin

    Release Date: 11 AM EST, 21st of April 2014

    Mandatory Windows Wallet Update (April 22)
    Please re-download a new version of the wallet from the site, single-file executable version can be run as is, setup version can be simply re-installed over the existing version.

    Basic Specifications


        Fair mining with block reward equals to:  int(10/(D/2000+1)^3+0.5)
        Max reward starts from 10 with 0.5% decrease every 30 days (every 43 200 blocks)
        Fast block generation time - only 1 minute
        Difficulty retargets using Dark Gravity Wave v.2
        Not vulnerable to Time Warp Exploit
        No heartbleed bug
        CPU and GPU mining, no ASIC mining.
        Max number of coins - 86 400 000




    About Twilight coin


    Twilight coin is the cryptocurrency which is using a new upgraded X11 hashing algorithm with sophisticated block reward formula to make mining as fair as possible. Fast block time (1 minute) helps transactions to be confirmed quickly without delays. It is green too, because it's up to 30% more energy efficient and it keeps your GPUs cooler. Which is better unless you live in Australia where the winter is coming very soon Smiley




    Fair Premine


    Okay, a coin is launched and there is no premine or instamine. A hundreds of miners start mining it. And everybody wants this coin to fly to the Moon. Good idea, but who is gonna work days and nights to push it? Somebody must have an interest to do this job. We've seen quite a few coins that had a really good start and were "fair" - with no instamine or premine. After a month or two we could trade them for 1 satoshi. We've also seen another coins with no premine and they were successful. But if you look carefully into the blockchain you may find something really interesting and it would explain why dev team worked so hard to make the coin popular. ;-)

    As for us, we want to be honest. We want TWC coin to be our long-term project and we want to have a reason to stay in it. That's why there is a fair premine of 0.5%. 0.1% will be shared among the team who launched it. 0.2% will be spent on ongoing support and development. And 0.2% will be spent on bounties.

    And if you feel like you can join us and bring a good value to TWC coin - please do not hesitate to contact us and we'll share some coins from the development fund. Because we want our coin to be as widely used as possible.




    Why Twilight coin is a green solution?


    Well, it's not green by its color and it's not literally saving trees in Amazon rainforest. It's green because it's more efficient in the following ways:

    ]  As we mentioned above, it reduces hardware temperature and energy consumption. Which means you save on your electricity bills.
        Lower temperatures will help your hardware to last longer.
        The coin can be mined with both CPU and GPU, so none of the processor units will be idling.
        The block reward formula helps to maintain a reasonable balance between network hashrate/difficulty and mining outcome. [/li][/list]

    Thus, the higher difficulty will cause the block reward to be reduced and it would keep some miners away from TwilightCoin helping reward to get back to a normal level.

    Difficulty         Reward
    0-34        10
    35-111        9
    112-201        8
    202-308        7
    309-441        6
    442-609        5
    610-837        4
    838-1174        3
    1175-1764        2
    >=1765        1



    Yes, it is ASIC resistant!



    We should mention ASIC resistance of TwilightCoin; it is a "must have" feature since we can see new ASIC for scrypt algo have been released recently and more will be unpacked this summer! ASIC will not impact TwilightCoin network and even will help it grow by pushing out those miners with GPU rigs and redirecting them to our ASIC-proof network from ordinary scrypt coins. 


    DNS Node Seeder


    TwilightCoin network features DNS Node Seeder support. This reliable and convenient technology allows to seamlessly integrate automatic node configuration into the wallet so you don't need to create config files with nodes and never need to update them!


    Wallet



    Window setup wallet:
    Windows single-file wallet: [url=http://www.twilightcoin.com/download/twilightcoin-qt.exe]www.twilightcoin.com/download/twilightcoin-qt.exe

    Mac OS X 10.9.2 wallet: www.twilightcoin.com/download/TwilightCoin-Qt-10.9.dmg
    Mac OS X 10.8.5 wallet: www.twilightcoin.com/download/TwilightCoin-Qt-10.8.dmg
    GitHub sources: https://github.com/twilightcoin/twilightcoin


    Miners


    Windows GPU Miner - http://www.twilightcoin.com/download/darkcoin-sgminer-windows.zip
    Windows CPU miner - http://www.twilightcoin.com/download/xcoin-miner.zip



    Exchanges


    Exarena: https://exarena.net
    Europex: https://www.europex.eu/#coin/btc/twc
    RockyTrade: https://rockytrade.net/index.php?page=trade&market=114

    Voting:
    EcoinFund: http://www.ecoinfund.com/vote



    Pools



    http://twc.pool.mn : proportional payout, 0% fees, vardiff
    http://twc.520cn.com : Chinese pool, pre-registration opened!
    http://www.xhash.net
    http://twc.mine-coin.de

    P2pools


    http://twc.altmine.net
    Singapore: http://sg.altmine.net:8285
    US: http://us-west.altmine.net:8285
    http://twc-p2pool.mine-coin.de
    EU: http://p2poolcoin.com:8285

    p2pool source is available at https://bitbucket.org/dstorm/p2pool-twc


    Pools are welcome! Please drop us a personal message if you want to set up a pool for TwilightCoin and it will be added to the pools list then!
    « Last Edit: April 22, 2014, 10:57:52 PM by vindyne8 »

     

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