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Other Types of Crypto Currencies

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Although we are very well aware of Bitcoin and Litecoin, there are lots of crypto currencies, some which are gaining steam. Here is an interesting list of different crypto currencies available:

Bitcoin (BTC)

  • http://bitcoin.org/
  • blocks every 10 min

  • coin supply* 21 million coins will be available

  • difficulty adjustment* 2016 blocks

  • hashing algorithm SHA256d

  • Initial Reward 50 coins per block

  • Market Cap: $144,000,000 (Jan 5th, 2013)

  • Launch Date: January 3rd, 2009

TestNet Bitcoins

  • http://bitcoin.org/
  • blocks every 10 min

  • coin supply* 21 million coins will be available

  • difficulty adjustment* 2016 blocks, or every 20 minutes[1]
  • hashing algorithm SHA256d

  • Initial Reward 50 coins per block

  • Market Cap: None, coins are free

  • Launch Date: February 2nd, 2011 (TestNet 3 genesis block)[2]

Namecoin (NMC)

Litecoin (LTC)

  • http://litecoin.org/
  • blocks every 2.5 min

  • coin supply* 84 million coins will be available

  • difficulty adjustment 2016 blocks

  • hashing algorithm scrypt

  • Initial Reward 50 coins per block

  • Market Cap: 150,000 BTC

  • Launch Date: October 2011

Minor

Tonal Bitcoin (TBC)

  • Tonal Bitcoin
  • (merged mined with BTC)

  • (blockchain shared with BTC)

  • (automatically converted to/from BTC)

  • blocks every 10 min

  • Coin supply* 7.8 tam coins will be available

  • difficulty adjustment 2016 blocks

  • hashing algorithm SHA256d

  • Initial Reward 1,2905.2 coins per block

  • Market Cap: $144,000,000 (Jan 5th, 2013)

  • Launch Date: January 2rd, 2011

IxCoin (IXC)

Devcoin (DEV)

  • https://bitcointalk.org/index.php?topic=34586.0
  • (merged mined with BTC)

  • blocks every 10 min

  • coin supply* constant generation coins will be available (???)

  • difficulty adjustment 2016 blocks

  • hashing algorithm SHA256d

  • Reward 50,000 coins per block

  • EXTRA 90% block subsidy goes to foundation

PPCoin (PPC)

  • http://ppcoin.org/
  • https://bitcointalk.org/index.php?topic=101820.0
  • blocks every 10 min

  • Coin supply* non-deterministic coins will be available

  • difficulty adjustment each block

  • hashing algorithm SHA-256

  • Reward varies on difficulty coins per block

  • EXTRA: Incorporates Proof Of Stake coin Generation, contains central checksums to kickstart the protocol
  • Market Cap: ???? BTC

  • Launch Date: approx August 19th, 2012 (date of its whitepaper)
    • The public design phase of this coin was very brief.

Freicoin (FRC)

-- 4.89% annual demurrage
-- 80% block subsidy goes to foundation for the first 3 years (about 500 coins for each of first 161280 blocks, total 80m)
-- [u]In need of Dev work on daemon, client etc but network still running[/u]

I0coin (I0C)

Terracoin (TRC)

  • http://terracoin.org/
  • blocks every 2 minutes

  • coin supply* 42 million coins will be available

  • difficulty adjustment 30 blocks

  • hashing algorithm SHA-256

  • Reward 20 coins per block

Liquidcoin (LQC)

Thanks to https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrencies for all of this awesome info!

Basics of Bitcoin

Basics of Litecoin
 

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