MemoryCoin 2.0 [MMC]
The Proof of Work is a modified Momentum based algorithm. It has a small SHA512 component, and a large AES component – chips with AES-NI instruction sets will fare *much* better. Each hash requires 1GB of Memory to perform and encrypts 50GB of data. By contrast, the verification only requires 128K and less than one 10th of a second.
MemoryCoin 2.0 details
- POW Hash: Momentum (64K XOR AES-CBC x 50) with SHA512 Generation
- Block target: 6 minutes
- Port: 1968
- Codebase: ProtoShares 0.8.6 (Bitcoin 0.8.5)
- Block reward: 280 MMC, 5% reduction every 1680 blocks
- Total Coins: 10 Million coins in the first 2 years, 2% inflation thereafter
- Difficulty Retargeting: Every block with the Kimoto ‘Gravity Well’
Memorycoin 2.0 premine: There is a total premine of ~7.3% distributed over a wide range of addresses, comprised of two parts:
~6.2% – MemoryCoin Beta. All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain.
~1.12% – ProtoShares Holders. ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.
Windows Binary (Wallet/Miner)
v0.8.561 – MSI
The miner included with MemoryCoin-qt will take advantage of AES-NI instruction sets.
Note – you might need to enable AES-NI in your BIOS – some manufacturers ship with it disabled. Mining rate will be proportional to your CPU’s AES encryption ability – here’s a
MemoryCoin GPU Mining Pools
3 high performance VPS nodes in each geo region: