BITOCINDARK not only bears a cool name and logo but also has launched smoothly with a lot of happy Miners mining the coin fast and furiously. BTCD is a POW/POS Hybrid coin using the SHA- 256 Algorithm just like it’s cousin Bitcoin. There are 1.6 million Coins that can be mined in the POW stage and there will be a total of 22 million coins during the POW/POS period created. Due to BTCD being a SHA coin it makes it easier for ASIC MINERS to mine as well as smaller miners. There is only 1.5% premined BTCD which will be used solely for bounties and development by the Dev Team.
BITCOINDARK is aiming to not be a coin appealing to miners but also it is reaching out to the Altcoin Community to give in amble input as to the direction of this funky Altcoin. Talks are in the works for giving the coin Anonymous transaction status as well as many other great features.
Currently one can buy/sell BTCD on Bittrex and Atomic-Trade where a healthy volume of trading has already been established. There are also two dice games and plenty of bounties being offered for various features like faucets that would add extra weight to the Coin’s image.
Here are the specifications for BITCOINDARK..
**Pure Proof of Stake with Proof of Work period upon release
**Proof of Work Algorithm**: SHA-256
**Total Number of Coins**: 1.6 million PoW / 22 million total
**PoW Block Reward**: 80 BTCD
**PoW Blocks**: 20,160
**Total PoW Coins: 1.6 million
**PoW Target Blocktime**: 1 minute
**RPC Port**: 14632
**Time to Maturity**: 100 Confirmations
**Proof of Stake Reward**: 5% per year
**Minimum Coin Stake Age**: 8 hours
In order to be upfront, BitcoinDark will have a 1.5% premine (24,240) to be used for development purposes. The premine will NOT be dumped for personal gain.
Here is more information on BTCD Coin if you like to get more involved. Mining has exploded for this coin and excitement is brewing even faster now.