GeoCoin (GEO) is an alternative crypto currency that uses the Qubit algorithm for mining, it is already a month old and comes with the ambitious goal of bringing Geographic Information Systems (GIS) technology to the blockchain. Some of the upcoming interesting features that are planned include geocaching implementation with geocoins as a rewards and that should come on a global and not local scale. A geominer that should performs useful GIS analysis instead of using a Qubit crypto algorithm that currently is being used, that one should be implemented when ready, hopefully before the coin is mined. But these are features that we are yet to see implemented as they are currently on the roadmap of the coin. Recently the coin was added to some of the bif altcoin exchanges and this brought it to our attention as something that is developing well and seems promising, especially if they manage to deliver on their promises. Do note that the Qubit algorithm is working better on Nvidia GPUs, so you will be getting higher hashrate mining the GEO with Nvidia than on AMD GPUs.
Website
http://geocoin.cash/
Block Explorer / Crawler
http://ift.tt/1wdsOIV
SPECIFICATIONS
- Qubit Algorithm
- PoW-only coin
- 1 minute block time
- 5,000,000 GEO coins total
- 0.5% initial premine
- Block reward halves every month, starting at 10 coins per block
DOWNLOADS
Windows
Source Code
at GitHub
POOLS
http://ift.tt/1CZBqjg
http://ift.tt/1wdsQjX
EXCHANGES
BitTrex
Poloniex
C-Cex
Cryptopia
No comments:
Post a Comment