Galxycoin is a descedant of Novacoin, it uses both Proof of Work and Proof of Stake. It is effectively resistent to 51% attack. It provides steady coin supply at 64 coins per block, for 8 years. The difficulty retargeted each block, with the last 10 blocks average, this ensures a fast adjustment to the network hashrate, while maintaining a stable transition. The total coins mined will be 538,214,400 coins.
Galaxycoin has a fair start and zero premined, making it one of the best of the alt coins exist today.
- Scrypt Algo
- Proof of work/proof of stake
- 30 seconds block time
- 64 coins per block
- Retarget every block using last 10 blocks average
- Trade confirmation: 3
- Mint confirmation: 50
- Total number of coins 538,214,400 (8 Years)
listen=1 daemon=1 server=1 rpcuser=**Yourusername** rpcpassword=**Yourpassword** rpcport=15522 rpcconnect=127.0.0.1 addnode=188.8.131.52 addnode=184.108.40.206 addnode=220.127.116.11 addnode=18.104.22.168
1. Start up galaxycoin-qt, wait for it to load, then exit.
2. Put galaxycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/galaxycoin
3. restart galaxycoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:19991 -u **yourusername** -p **password** (without **)
- P2P Port: 15521
- RPC Port: 15522
SERVICES / OTHER