Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: JJustis on February 12, 2025, 10:26:27 PM
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Announcing a first of its kind crypto-currency
CyberCoin2
Block Structure:
Index (sequential block number)
Timestamp
Previous block's hash
Transactions array
Nonce (modified during mining)
Difficulty target
Mining Process:
while (mining) {
nonce++
hash = SHA256(index + previousHash + timestamp + transactions + nonce)
if (hash.startsWith('0' * difficulty)) {
// Valid block found
break
}
}
Difficulty Adjustment:
Initial difficulty: 6 leading zeros
Increases by 0.0001 per block
Maximum blocks: 1,000,000,000,000,000
Rewards:
100 CryptoCoins per successful block
Rewarded coins can be traded for experience points
Rate: 5000 coins = 1000 EXP ($0.05)
Validation:
Each block requires proof meeting difficulty target
Chain maintains immutability through previous hash references
Server verifies solutions before accepting blocks
The mining process is deliberately computationally intensive to maintain coin scarcity while rewarding participating nodes. The difficulty adjustment ensures consistent block timing as network hashpower changes.
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Blocks: 100000000000000
Coins-per-block: 100
Valuation:
1 cybercoin = $0.00001 (one hundredth of a penny)
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The difference is this is a centralized website based currency, with miner built in and a easy coin selling area for those who have business PayPal accounts!
Things to know:
1. 1 cybercoin = $0.00001 (one hundredth of a penny).
2. Any one can buy exp with their mined currency.
Website: jcmc.serveminecraft.net/cybercoin
Github: github.com/JJustis/cryptocoin
The website serves as a preview to the coin and is highly volatile due to it being hosted on a home computer!
What it looks like: jcmc.serveminecraft.net/dashboard/uploads/679188f126400.png