Altcoins

LAT – Latium – the first free viral altcoin

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latium_coinLatium [LAT] is the first Cyrpto Currency to utilize a non-technical deployment network. Latium cannot be mined, but can be acquired simply by signing up. There is no catch: you sign up, you get coins.

Latium coin is based on Proof Of Stake instead of Proof of Work. No mining is required to maintain the network. Every person that holds Latium is able to place coins at stake and is paid interest for doing so. This reduces the resources required to maintain the network.

Latium altcoin website: http://latium.cc

Latium does not allow mining, so it requires a mechanism to both validate the network and create new coins (similar to mining). Latium accomplished this by implementing inflation and using this inflation to pay interest to any user that mints a block.

Latium coin specifications:

  • Block Time 150 Seconds
  • Coinstake Maturity 48 Blocks
  • Interest Rate 50%
  • Transaction Fee .01 LAT
  • Minimum Stake age 6 Hours

Latium is the first and only truly FREE cryptocurrency.
Sign up today and get 5 FREE coins…and they say nothing in life is free, well they’re wrong! LATIUM is totally free!

Latium coin can be exchanged on the following altcoin exchange sites:

Latium links and resources:

Get started with Latium – claim your 5 LAT totally free: click here to receive totally FREE Latium coins!

 

Comments

4 responses to “LAT – Latium – the first free viral altcoin”

  1. Torzo

    Here’s my referral link if you want to help me out.
    http://latium.cc/?a_aid=53d8bf67aa1bd

    Reply
  2. Damir

    respect,
    When I upgraded to version 0.7.4.0 wallet appeared to me this message:

    A fatal error occurred. Latium can no longer continue safely and will quit.
    EXCEPTION: St13runtime_error
    CDB (): Can not open database file blkindex.dat, error 22
    C: / Program Files \ Latium \ Latium-qt.exe in Runaway exception

    Now I can not access my wallet. I’m afraid if I uninstall wallet lose its Latium’s. What should I do?
    I apologize for my bad english!

    Damir Vukovic

    Reply
  3. urjit

    how to place coins at stake

    Reply
  4. Chupacabra

    Because all of the code is open-sourced in the open system, many other currencies have spawned from it. There are hundreds of altcoins — from Litecoin to Namecoin to Auroracoin — that are all derived from the bitcoin technology, just with different alterations or derivations.

    Reply

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