Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: Solo-Project on April 06, 2019, 03:48:15 AM
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Solo (XSL) is a scalability and privacy focused cryptocurrency which concentrates on being pool, ASIC, GPU and NiceHash resistant while scaling better on low to mid range CPUs than most CN PoW variants. The proof-of-work function guarantees egalitarian voting, so that none of the participants can utilize special purpose devices to obtain an excessive voting advantage.
Specifications
* PoW algorithm: CN-Adaptive v3 (with 128kb scratchpad)
* Protocols: RingCT, CryptoNote, LWMA, WHM, Bulletproofs v1
* Max supply: ~18.5 Billion before tail emission
* Block reward: Adaptive
* Block time: 60 seconds
* Difficulty: Re-targets at every block
* Genesis block: 11/2/2018, 8:00:54 AM UTC
* Version: v1.0.3.4 'Han'
Block Reward
Adaptive Reward based on historical data - emission formula slightly decreases block reward each block as a function of all coinbase transaction amounts previously generated. Reward for blocks 1-88,000 based on a speed factor per minute of 22, resulting in a reward ranging from 549.755797504 to 548.315910839. Reward for blocks 88,001 and greater based on a speed factor per minute of 25, resulting in a reward starting at 4,386.527155990 at block 88,001. See the latest block coinbase transaction amount for the current block reward. Solo's emission schedule is slower than bitcoin and does not include disruptive halving events.
Funding
All current infrastructure costs have been paid out of personal funds, with no ICO and no crowd funding.
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When can you provide more information about the project. Links to sites, white paper, information about the team and so on.
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When can you provide more information about the project. Links to sites, white paper, information about the team and so on.
Website is minesolo.com