DynamicCoin

DMC - DynamicCoin Information

7 posts in this topic

dynamic.jpg

http://dynamiccoin.org

 

DynamicCoin DMC

 

dmc-qt.png

 

Dynamic Block Reward changes on the fly every 15 seconds based on market price of coin to create a stable and non-volatile price.

 

Block Reward ranges from 1 DMC to 1,000,000 DMC but will always be 1 if price is less than $1 USD

 

If Coin price goes down, the block reward decreases to reduce supply and increase demand

 

If Coin price goes up, the block reward increases to increase supply and reduce demand

 

When coin price reaches $1 miner incentive and ROI increases exponentially. for every $0.01 USD price higher than $1 the block reward will increase by 1 therefore increasing the block reward for the miner while on the same time increasing supply. e.g. if the coin price is $1.10 the block reward will be 10 DMC, if the coin price is $1.50 the block reward will be 50 DMC. HOWEVER, as the block reward increases so does the supply of the coin that will therefore create increasing supply and therefore decrease demand. those constantly 2 opposing forces of miners pushing price up constantly while on the same time increasing supply and reducing demand creates a stability that does not exist in other crypto currencies, therefore allowing the coin to be utilized in places where price stability is crucial like FX trading, merchant processing and international remittance.

 

Miner increasing profitability over $1 ensures a constant upward price pressure by miners as they wish to maximize their ROI.

 

Block time is 15 seconds so transaction time is very fast.

 

Block size is unlimited to prevent dropped transactions and is only limited by the network bandwidth

 

Total number of coins is unlimited and there is no end of life for the coin. however, due to the unique block reward mechanism inflation and deflation are minimal as supply constantly meets demand. there can never be a large influx of coins to the market unless demand exceeds supply, ensuring constant price stability.

 

POW is 2xSHA256 to prevent existing SHA256 hardware from mining it and allowing CPU mining so everyone can mine DMC.

 

DMC was open for miners worldwide from day one.

 

DMC is open source and hosted on GitHub

 

Website:

http://dynamiccoin.org

 

 

Block Explorer:

http://explorer.dynamiccoin.net

 

 

Github source code:

https://github.com/DynamiccoinOrg

 

 

GitHub Executables for Linux, Windows, Mac:

https://github.com/DynamicCoinOrg/DMC/releases

 

Android Wallet - in Development. assistance will be appreciated

 

 

Contact:

webmaster@dynamiccoin.org

 

 

Sample dynamiccoin.conf

 

gen=1
addnode=ns1.dynamiccoin.net
addnode=ns2.dynamiccoin.net
addnode=ns3.dynamiccoin.net
addnode=ns4.dynamiccoin.net
addnode=ns5.dynamiccoin.net
addnode=ns6.dynamiccoin.net
addnode=ns7.dynamiccoin.net
addnode=ns8.dynamiccoin.net
addnode=ns9.dynamiccoin.net
addnode=ns10.dynamiccoin.net
addnode=ns11.dynamiccoin.net
addnode=ns12.dynamiccoin.net
addnode=ns13.dyn2miccoin.net
addnode=ns14.dynmiccoin.net
addnode=ns15.dynamiccoin.net
addnode=ns16.dynamiccoin.net

 

Ports:

main 7333
testnet 17333

 

 

POOLS

none - developers and miners invited to develop.

 

EXCHANGES

https://www.coinexchange.io/market/DMC/BTC?r=ada8f5f0

 

SOCIAL

 

Twitter

https://twitter.com/DynamicCoinOrg

 

 

Facebook

https://www.facebook.com/DynamicCoin

 

Chat

http://webchat.freenode.net/?channels=DynamicCoin.Org

 

Edited by DynamicCoin
DynamicCoin likes this

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.