Liquidcoin version 4

The latest now on the Alt Coin scene is the restart of Liquidcoin now at version 4.  It claims to be a CPU friendly coin as opposed to Bitcoin which is more GPU/ASIC friendly.   The characteristics are as follows:

Fixed difficulty (0.05)
Block reward reduces 4% every 1000 blocks, it does not increase ever.
Minimum block reward is 1LQC
Because of it's fixed difficulty, transactions will never be slow
No pre mined coins

You can download the client Here.

Adding the configuration of the liquidcoin.conf here so that it may be easier for readers if they want to mine the coin.   This is the solo mining configuration,  if you are in pool, just change the information of the first three lines to that of your pool.

rpcuser=USERNAME
rpcpassword=PASSWORD XXX
rpcallowip=127.0.0.1
rpcport=9332
daemon=1
server=1
gen=0
addnode=24.141.5.252
addnode=69.65.43.99
addnode=69.65.20.11

AMC Coin Started

AMC started finally.   Now about 14000+ blocks are mined.   Hopefully it won't be like any other Alt Coin where pump and dump is the order of the day.   It depends on how the Coin Maker implement his coin.  LTC is successfully because it is one of the earliest and also the Maker did a lot of advertising work on it.   I am hoping to see more such coins.

AMC 3 Jun 2013

I don't know about others but I lost my interest in it already.   I guess it takes far too long from what the author had promised.

AMC Coin - Another 24 Hours Gone

It still seems to have some way to go, I wonder if the developer can just finish off the 898 blocks and let the coin start ASAP,  a lot of us are waiting for a very long time.

AMC Coin - The Long Wait

The 24 hours turned up to be 3 days and counting.   I wonder when will we be able to start mining this coin.   There seems to be a tremendous number of Alt Coins coming out recently.   I guess it is due to the survival and good performance of Alt coins like LTC.

Geist Geld

Trying to document some of the older Alt Coins

Geist Geld is an experimental currency intended to test out the limits of block generation rate empirically, as well as (assuming it does not die due to overly rapid block generation rate) the behavior of a cryptocurrency with (almost) stable generation rate and no upper limit or alteration to supply.

Geist Geld intentionally seeks to trade some decentralization to gain more transaction speed, thus, pools are kindly invited to participate so that centralization would increase somewhat

This is quite a fun coin as I remembered it.   It is extremely fast.  Pity that it does not catch on.

AMC Coin

AMC Coin also known as the American Coin is designated as the most patriotic coin.   It was first seen on the 29 May 2013 on the Bitcointalk.   I went to their web site and found that it claims to be based on Litecoin meaning it is more CPU friendly and is the most patriotic coin.  But how so?  Just because of the name?   Also it has a block reward of 100 coins and will be limited to 168 million coins making it twice as much as Litecoin.  It is optimized for CPU mining as expected using scrypt as a proof of work.   Interesting to see how it will compete against Litecoin.

The America Coin web site is at here.   At the moment it looks like it is supporting only the Windows Daemon and Wallet.   Looks like you can be one of the pioneers if you configure your rigs now: