What is Blood coin

an experimental peer-to-peer internet currency that enables instant payments to anyone in the world.
It is based on the Quark (9 rounds of secure hashing algorithms) proof-of-work algorithm.
New blocks are generated every 20 seconds. Difficulty is retargeted every 60 blocks

Plan

  • working to provide a stable and secure payment network
  • currency for crowd funding charity projects
  • working to implement Darksend anonymity/privacy technology (first introduced by Dash crypto currency)

Technical Specifications

Mining Algorithm: Quark

Block reward:

  • 10-17280 blocks: 8192 per block
  • 17281-25920 blocks: 4096 per block
  • 25921-34560 blocks: 2048 per block
  • 34561-43200 blocks: 1024 per block
  • 43201-86400 blocks: 512 per block
  • 86401-129600 blocks: 256 per block
  • 129601-259200 blocks: 128 per block
  • 259201-388800 blocks: 64 per block
  • 388801-777600 blocks: 32 per block
  • 777601-1166400 blocks: 16 per block
  • 1166401-2332800 blocks: 8 per block
  • 2332801-3499200 blocks: 4 per block
  • 3499201-6998400 blocks: 2 per block
  • 6998401~blocks: 1 per block
  • * until block 18000, every 500 blocks Bonus block of 32768 coins

Premine 2500000 for dev, support and bounties, current premine address bUxYFLmLGTdkwZF3uF5s8EVeCu1SFXw9XZ

Block time target: 20 seconds

Difficulty retarget every 60 blocks

Starting Difficulty 0.12499833

Block size: 200k

240 confirmations for blocks

RPC Port 5009
P2P Port 5011