06/18/14

Alt Currencies: 1CREDIT COIN REVIEW – The 4th COIN FOR 1BILLIONHEX

1CREDIT COIN REVIEW

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1CREDIT is a valuable coin with great intrinsic value as it is the 4th coin specially created to be used in the MMORPG 1BILLIONHEX game with multiple activities including trading, building and combat zones in a multiplayer capacity. 1CREDIT uses the Scrypt Algorithm for mining and is a POW/Proof of work coin but due to the fact that it takes time to mine this coin will be classed as a rare and valuable coin by investors and miners alike and at present is being traded on POLONIEX Exchange but not many people are selling the Coin as they know it has great value for the long term.

What is quite cool about 1credit is that there is no block halving or fancy algo stuff going on, just simply 1 coin per block and for the 92 billion coins to be mined it will take over a million years so One can see how classy this coin is and how hard it will be to mass mine. This was to make the coin loved by smaller miners and not multipool pump and dump friendly and was created to resist this kind of market behavior by both miners and investors alike. It is a coin to love and to hold by avid Coin Lovers.

This coin has no premine so is warded directly right form the start to loyal miners and there is a fully functioning website, block explorer and IRC and some great fans in the POLONIEX Trading ROOMS who are acquiring this coin as a hedge against all the fast ad furious pumping and dumping activities attached to other that inflate, then die. There is also a voting initiative here to help THE WATER PROJECT and you can vote for 1CREDIT with less than a dollar’s worth of btc, for only 0.001 btc.

 

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1CREDIT SPECIFICATIONS

Here are the specifications for 1CREDIT COIN.

  • 1 Coin payout.  1 Coin for block 1 and every block thereafter.  No half life.
  • Total coins:  (2^63-1)/100,000,000 (# of Satoshi in a coin):  92,233,720,368   (92 Billion – max supported by current code)
  • 512 second (~8.5 minute) block time – reducing stale minings block percentages to around 2%
  • 256 new block confirms (~1.5 day confirms) – NOTE: most wallets add 20 more
  •               (e.g. MPOS pool operators should confirm on 276 blocks)
  • 16 block transaction confirms (~2.3 hours)
  • ~1.5M years worth of coins
  • ZERO Premine, ZERO special blocks, ZERO reason to raid…

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1CREDIT LINKS

Want to get more involved in 1CREDIT? Why not check out the links below and also POLONIEX Exchange where you can pick up some 1CREDIT quite cheaply. Also mining it now could be a great option too!

MAIN WEBSITE

CONTACT FORM

CRYPTOCOINTALK FORUM