2014-06-18

Alert: It’s #TipTuesday! We are giving away 50 Dogecoins to everyone who tweets this article!

Almost every day new digital currencies are being launched, just like Bitcoin was over five years ago.

These are the new digital currencies being launched this week.

Tuesday, June 17th, 2014

ePawncoin (Homepage | Whitepaper)

ePawncoin will be sold to early investors using Proof-of-Burn but instead of sending the pawncoin to un-spendable wallet it will be sent directly to *Pawncoin team public address and we will list the pawncoin back on the exchange for X 2 of the current value and the Btc from the sell will be used to put up buy orders for ePawncoin.

Specifications:

100% Proof-of-Stake

Decentralized Exchange and Integrated Escrow

Mobile Client Support

Encrypted Messaging and Chat

Coloured Coins and Assets

Payment Bridge to alternative Crypto Currency

Pawnshop with a Unique Client Identification Algorithm for verification of users

Unique Cloud Node Structure – Cloud nodes will be used to support the network.

Assets will also be allowed to be stored on the cloud and accessed at specific points.

Distribution:

ePawncoin Presale is divided into two stages

Stage 1: 20% of total ePawncoin supply

This will be used for development costs of ePawncoin.

Initial Presale Amount = 2 Pawncoin = 1 ePawncoin (40,000,000 Money Supply)

Minimum investment: 10,000 Pawncoin

WaveCoin (Homepage)

Specifications:

Coins from PoW: 1000000 WVS

Premine: 1% (10000 WVS)

Max PoW Height: 46500

Block Time: 60 seconds

Difficulty Retarget: Every block

Wednesday, June 18th, 2014

Czechcoin (Homepage)

Czechcoin is new multi-PoW cryptocurrency. Czechcoin is for people living in the Czech Republic. There are no premine, no giveaways or IPO, no scam.

Specifications:

Algorithm: sha256d, scrypt, skein, groestl, qubit

Block time: 3.5 min

Block reward: 512 CZC

Block halving: every 12342 blocks (month)

Max coins: 12 242 272 CZC

Premine: 0%

Friday, June 20th, 2014

NeWOcoin (Homepage)

NeWOcoin is a new hybrid digital currency from India that enables instant payments to anyone, anywhere in the world. NeWOcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Specifications:

Proof of Work based. Mine using any of the 3 algorithms : sha256d(default), scrypt or groestl.

Difficulty is retargeted every block.

90 second block target per algorithm (30 second average across 3 algorithms).

666 million total coins

212 coins per block.

Random superblock with 5 times the reward.

Bitburst (Homepage)

We have developed a new wallet with a new Graphic User Interface. Original wallet-qt (Like Bitcoin-qt) works with  an integrated daemon. Our wallet is completely new. The code was written completely from the start, and includes a new interface with many additional functions. The wallet is divided into two separate and distinct processes, one that includes the graphical interface and the other which includes the core of the wallet, the daemon. The daemon is identical to the original of bitcoin, synonymous with safety and stability.

Specifications:

Premine: 2,6%

Proof-of-Work: Scrypt

Total coins available: 15000

Block reward = 0.0035 BTB (fixed)

Block time = 120 seconds.

Difficulity will adjust every block with DGW

Saturday, June 21st, 2014

Linearcoin (Homepage)

Linearcoin is a new crypto-currency featuring a block reward that decreases in value in a linear fashion after each block. With block 0 starting at 50 Coins, the reward will gradually decrease linearly by 0.00005. The gradual reduction of reward will help mitigate inflation and Pump/Dump schemes. Panic and other chaos can be completely avoided as the coin never halves, the reward gradually gets smaller, and smaller. This will ensure a constant stream of hashing power to the network, as the incentive to mine will always be there. The block reward will keep decreasing until the reward hits 0, creating a total of 25,025,025 coins! With new blocks being generated every 5 minutes, you’ll have the opportunity to mine for ~9.5 years. This time will allow for steady growth of the coin and it’s acceptance or destruction by the community.

Specifications:

POW Algorithm: X11

Total Coins: 25,025,025 Coins

Block Time: 5 Minutes

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