How to check the calculation power of Jiaozi coin
English Name: oiocoin
abbreviation: oioc
Author: jiaozi coin team
technical characteristics:
total amount: 10 billion + oioc, (Jiaozi coin has no pre excavation, ensuring the fairness of issuance)
algorithm: X11
mining method: POW + node mining (each node can get 15% of the total amount of coins g through this node), Proction node requirements: 2 million oioc, server with fixed IP)
mining features: anti mining machine, wallet operation, one click mining
output: pre dig 4 billion (for 1:1 exchange of old jiaozi coin), issue 3 billion in the first year, 2 billion in the second year, 1 billion in the third year, In the fourth year, we will issue RMB 100 million every year (to ensure the correct operation of the whole network)
block out speed: 60 seconds
transaction confirmation: 6 blocks
mature period: 51 blocks
difficulty change period: 24 hours
transfer fee: depending on the specific number (up to 6.8 million oioc for a single transfer, The maximum transfer fee is 100 oioc)
RPC port number: 11112
P2P port number: 11111
the original intention of Jiaozi coin is to be a social reward currency that everyone can participate in together, so in the craziest period of domestic virtual currency, jiaozi coin is issued in the way of no pre dig and no ICO. But today, this kind of issuing method makes jiaozi coin encounter a bottleneck. Due to the low difficulty of mining and unstable calculation force in the early stage, the block proction speed is fast and the amount of money is large. At that time, e to time and other factors, the old people graally shifted their attention to jiaozi, which made that part of the coin become "dead coin", which made jiaozi not fully circulated, and also increased the threshold of later attention to jiaozi. This is not concive to the late development of Jiaozi
technically, some community members also put forward some perfect ideas for jiaozi coin, such as: 1. Our current wallet does not provide the function of choosing the installation path, so that some members with too small C disk can not install jiaozi Coin Wallet (except some awesome people). 2. Transfer is slow. 3. Open the wallet and load the card. 4. Logo is not novel enough, etc.
in view of the above factors, the development team of Jiaozi coin has made the following improvements:
first, when installing jiaozi Coin Wallet, add the function of selecting the installation path< 2. Replace the logo with a new one
thirdly, when the wallet is loaded, it is easy to crash when clicking the wallet< 4. Adopt new algorithm, increase the function of the mine prevention pool of the mine prevention machine, run the wallet software, and mine with one click< 5. Fine tuning the issuance mechanism to increase the difficulty ladder: 4 billion in the first year, 3 billion in the second year, 2 billion in the third year, 1 billion in the fourth year, and an additional 100 million in the fifth year to maintain the robustness and stability of the node network. The 4 billion yuan in the first year will be proced in advance by means of pre digging, which will be used to exchange the old jiaozi currency. In the next month (when the new wallet update notice is issued), you can exchange the exchange ratio of one old coin for several new coins for new jiaozi coin (the old wallet is expected to proce about 3.5 billion in one month, of which 3.5 billion will be used to replace the old coin, and the remaining 500 million jiaozi coin will be handed over to jiaozi coin fund, For the promotion and maintenance of Jiaozi coin, the address of the fund will be announced, and you can query the details of the fund wallet in the block browser)
6. Add the node reward mechanism: the new version of the wallet can not only mine fairly, but also build the main node of Jiaozi coin by purchasing a server with fixed public IP if your computer configuration is relatively low, All mines g through your main node will give you 15% reward< 7. Add anonymous sending function< 8. After the release of the new wallet, the jiaozi coin development team will start to develop the jiaozi coin application app.
Chinese Name: jiaozi coin
English Name: oiocoin
abbreviation: oioc
Author: jiaozi coin team
technical characteristics:
total amount: 10 billion + oioc, (jiaozi coin has no pre excavation, Mining method: POW + node mining (each node can get 15% of the total number of coins g through this node, and the node requirements: 2 million oioc, server with fixed IP)
mining features: anti mining machine, wallet operation, one click mining
output: pre mining 4 billion (for 1:1 exchange of old jiaozi coins), Issue 3 billion in the first year, 2 billion in the second year, 1 billion in the third year and 100 million in the fourth year (to ensure the correct operation of the whole network)
block speed: 60 seconds
transaction confirmation: 6 blocks
maturity: 51 blocks
difficulty change cycle: 24 hours
English Name: oiocoin
abbreviation: oioc
Author: jiaozi coin team
technical characteristics:
total amount: 10 billion + oioc, (Jiaozi coin has no pre excavation, ensuring the fairness of issuance)
algorithm: X11
mining method: POW + node mining (each node can get 15% of the total amount of coins g through this node), Proction node requirements: 2 million oioc, server with fixed IP)
mining features: anti mining machine, wallet operation, one click mining
output: pre dig 4 billion (for 1:1 exchange of old jiaozi coin), issue 3 billion in the first year, 2 billion in the second year, 1 billion in the third year, In the fourth year, the company will issue RMB 100 million every year (to ensure the correct operation of the whole network)
block speed: 60 seconds
transaction confirmation: 6 blocks
maturity: 51 blocks
difficulty change cycle: 24 hours
transfer fee: depending on the specific number (up to 6.8 million oioc for a single transfer and up to 100 oioc for transfer fee)
Jiaozi in Song Dynasty, as a kind of paper money, embodies the law of its proction and circulation. The paper money jiaozi in Song Dynasty has no value in itself, it represents the value of iron money in actual circulation. The issue and circulation of Jiaozi must conform to the amount of iron money needed in the actual commodity circulation. If it is over issued, it will inevitably lead to devaluation, or even collapse of itself
There are two reasons for jiaozi's stable currency value in a long period of time: first, taking iron coin as jiaozi's standard, iron coin is cheap, but only its low price has played a good role in the stability of Jiaozi's currency value; Second, the imperial court took measures to maintain the purchasing power of banknotes and strictly controlled the circulation. Since the early years of Tiansheng, the issue amount of Jiaozi in each sector has been controlled in a certain amount, and there is no indiscriminate printing The currency price of Jiaozi has been stable for about 50 years. In the reign of emperor Shenzong of the Song Dynasty, the term of jiaozihang was extended to four years. When the two realms were used together, it was actually equivalent to doubling the issue value of each sector, which caused devaluationbecause the imperial court could not effectively control the issue of banknotes, when there was a need for huge financial expenditure, the imperial court often used its power, abused its credibility, and issued banknotes without restriction, which eventually led to inflation, so that the banknotes lost their credit and became waste paper, which soon led to the collapse of Jiaozi's monetary system in the Northern Song Dynasty and the death of Jiaozi