I have received a couple of requests lately to do an article about Denarius, a Crypto named after the ancient Roman coin made of silver around 211 BC. I am a bit f a sucker for historic themes, so let’s take a look.
Denarius portrays itself as “the coin from the past for the future”, as it was used as a Roman Currency. On top of that, we have seen Denarius appear in a post-apocalyptic setting as well, where 4 bottlecaps equaled one Denarius.
Ever since its launch on May 1st, Denarius has made some advancements towards both improving the coin, as well as providing services for the community. For example, they recently implement Dark Gravity Wave 3.
By implementing DGW3 in the Denarius source code , the difficulty will retarget more more fluidly when a spike in network hashrate is detected. As a result, we will see very consistent confirmation times on transactions and blocks.
In order to implement DGW3, Denarius had to hard fork, which will occur at block 80,000. A new Denarius client has been released for all operating systems , so make sure you upgrade as soon as possible. You can download the latest client here.
As far as services for Denarius go, there is a paper wallet generator, a few games, and by the looks of it, BitsCoinShop will accept DRS as a payment option very soon. There is also a DRS promotional video, which I have embedded below :
In regards to the the technical specifications for Denarius , here is a quick rundown :
Algorithm: PoW Scrypt
Block Time: 60 seconds
Reward: 10 Coins per block until the end (No Block Halving)
Block Confirmations: 5
Block Maturity: 50
~3 Standard Blocks Mined to Test~
Max Coins: 46000000 (46Million)
On the exchanges front, you can trade Denarius at BitTrex, AllCoin & AllCrypt.
You can find out more information about Denarius through the following sources :
Denarius website : http://www.denarius.info/
Denarius on BitcoinTalk : https://bitcointalk.org/index.php?topic=591323.0
Denarius on CryptoCoinTalk : https://cryptocointalk.com/topic/10665-denarius-drs-information
Denarius on Twitter : https://twitter.com/DenariusCoin
Denarius on Facebook : https://www.facebook.com/pages/Denarius/642880895783720
Denarius on Reddit : https://twitter.com/DenariusCoin
Denarius donations are welcome to : 5TrVkq3ukYgLRn4ytBRFUp6DqDHEHH5i5T