Since every other tweet on my feed seems to be about Shadowcoin, a recently launched altcoin, I guess we should do an article about it. We do try to keep up with the current trends, so here we go. ShadowCoin it is!
It has been a while since we saw an altcoin being launched with a mining schedule that lasted over a week. Keeping in mind ShadowCoin is also a Scrypt coin, I might just fire up my ZeusMiner Blizzard Scrypt ASIC.
Even though the name ShadowCoin implements some form of anonymity or privacy, no details are given on whether or not these features are in the works. There aren’t too many details available in fact, which makes it all the more intriguing to me.
What we do know is there was no ShadowCoin pre-mine or no IPO/ICO/whatever these things are called these days. The total coin supply is 20 million SDC (after 1 month of mining). This supply is not set in stone, as it could be different depending on staking weight.
ShadowCoin technical specifications :
Block time: 60 seconds
Difficulty retarget: every block
Nominal stake interest: 2% annually
Min transaction fee: 0.0001 SDC
Fees are paid to miners
Confirmations: 10, maturity: 500
Min stake age: 8 hours, no max age
Block reward: 120-50000: 400 SDC PoW reward, no halving
Max height: 50000 (after this network will not accept PoW)
PoW supply: ~20 million SDC after 1 Month (Could be lowered substantially with high staking weight)
As far as exchanges go, ShadowCoin can be traded on FoBCoin, C-Cex and SwissCex.
If you want to find out more about ShadowCoin, you can use the following sources :
ShadowCoin website : http://www.shadowcoin.co/
ShadowCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=700087.0
ShadowCoin on Twitter : https://twitter.com/SDCoin