Technical specifications
keccak sha3 algo
2.5 minutes block time
total amount of 100,000,000,000 coins will be mined
digishield retargeting every block
Adopt some SLOTH today!
What is Slothcoin?
Slothcoin is a peer-2-peer cryptocurrency created for having fun and in the mean while revolutionizing currencies.
It is based on the idea of dogecoin and combined with some more advanced aspects like the sha3 encryption algorithm, which equals out the difference between nVidia and ATi cards and is more secure than sha256-like encryption algorithms.
A total amount of 100,000,000,000 coins will be mined in the creation process, ensuring that there are enough coins for everyone and that Slothcoin will not become a comma-currency like Bitcoin.
Digishield is implemented to adjust the difficulty every 2 blocks, this will prevent multipools from taking advantage of low difficulty and ensures that the coin does not get stuck in a high difficulty scenario.
Starting block 300K (2015) a changed reward system, making POW possible up to the year 2020. After block 304820 POW rewards for more than four years of 4321 SLOTH per block. SHA-3 keccak encryption algorithm, Difficulty retargeting using Kimoto Gravity Well, DIGI shield, Retargeting every block, 150 second blocktime, 120 block maturity times, 5 block transaction confirmation, Total amount of coins in 2020: 92,233,720,367.
Why Slothcoin?
To become a succesful currency, it has to be open to anyone and everyone. SHA3 gives us this opportunity. More information about SHA-3 coins and mining here.
Block rewards
| Block 1-100: | 10,000 Sloth |
| 100-100,000: | 500,000 |
| 100,000-200,000: | 250,000 |
| 200,000-300,000: | 125,000 |
| At block 300k forked; after block 300K : | 100×1000000, 200×500000, 400×250000, 800×125000, 1600×62500, 1000×31250, 500×10000, 220×5000 |
| Then until year 2021: | 924765×4321 |
| Somewhere in 2021: | 802×1 |
Example Slothcoin.conf
rpcuser=changemetosomething
rpcpassword=yesyoushouldentersomethinghere
listen=1
daemon=1
server=1
gen=0
port=5107
addnode=207.180.254.241
addnode=37.187.104.111
addnode=81.177.22.73
addnode=83.80.173.101
addnode=31.28.12.26
addnode=51.254.45.117
addnode=170.84.236.165
addnode=171.6.234.184
addnode=73.42.67.247
how to connect manually
download the slothcoin wallet and start up the client. Wait until it is fully loaded, then shut it down put this .conf file inside the AppData/Roaming/SlothCoin (in Linux ~/.Slothcoin) folder restart the client it will start synchronizing with the network
Linux client 1.3.1 build 4 should not need entering seednodes anymore since new active seednodes are hardcoded.