|Cryptonight ASIC||@ 240000 h/s||DAY
Video Games mining pools
Video Games markets
Video Games details
Total coins: 100 MILLION VGC
Pre Mined and Allocated for Dev Activities: 20 %
Block time: 120 SECONDS
Decimal Points: 10
Difficulty retarget time: After Every Block
Reward retarget time: After Every Block
Coin Emission Speed Factor: 18
Coin Difficulty Target: 120
Coin Address Prefix: VEo
VideoGamesCoin (VGC) Project is a privacy-focused cryptocurrency based on CryptoNote protocol originally forked from Bytecoin. VideoGamesCoin Project started as a research project based on Cryptonight algorithm which is the base for ByteCoin and Monero. Our goal is to create state of the art blockchain technology for buying / selling artifacts in Video Games.
There is no ICO for this coin ever. No seed funding was ever involved. It's a developers self funded community project for the gaming community.
About VideoGamesCoin Technology
CryptoNote is an application layer protocol that powers VideoGamesCoin which is a decentralized privacy-oriented digital currency. CryptoNote currencies are anonymous, and verifies transactions using a traceable ring signature which provides double spending protection.
CryptoNote’s proof-of-work mechanism (Egalitarian proof of work) is actually a voting system where users vote for the right order of transactions, new features in the protocol and honest money supply distribution. During the voting process every participant has equal voting rights. Also there are no hard-coded constants in CryptoNote code. Each network limit such as maximum block size, or minimum fee amount is adjusted based on the historical data of the system. Moreover, the difficulty and the maximum block size are automatically adjusted with each new block.
ByteCoin was the first implementation of the CryptoNote protocol and currently the Monero is currently the most well known of all the CryptoNote-based cryptocurrencies. That's why this project is based on CryptoNote protocol.