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Cryptotarget (CRT)


Was released on
June 02, 2015 00:00
What is Cryptotarget? Cryptotarget is a new coin based on the SHA-256 algorithm aimed to provide high profits and fast confirmation times. It is made with the intention to make mining profitable as possible with it's giant block rewards and giant coin supply. This coin is perfect for those who have old Bitcoin ASIC's that are no longer profitable. What makes Cryptotarget unique compared to other coins? The first difference of Cryptotarget is the block time and confirmation. Originally this coin started out as an idea to create the fastest possible coin to trade between exchanges to enable taking advantage of arbitraging opportunities between different alt-coins. With its 10 second block time, this coin is ready to handle large amounts of transactions with minimal delay and confirmation time. The second difference of Cryptotarget is its ability to scale to large block sizes of up to 3MB. Cryptotarget is designed with the future in mind, as time goes on we anticipate that cryptocurrency transactions will become more important than ever. Cryptotarget aims to future-proof itself by being able to handle those transactions. The third and final difference is the coin supply of 100 Quadrillion Coins (100,000,000,000,000,000 CRT) and a block reward of 4 Billion Coins (4,000,000,000 CRT). With these numbers, each block is worth the equivalent of 40 BTC at minimum (Assuming 1 CRT = 0.00000001 BTC). Of course the amount of volume in exchanges will play a large role in this.

Specifications

  • Algorithm:

    SHA256
  • Nr. Coins:

    100 Quadrillion Coins
  • Distribution:

    PoW
Algorithm: SHA-256 Coin unit: CRT Coin maturity: 2000 blocks Transaction confirmation: 6 blocks Block time: 10 seconds Total coin supply: 100 Quadrillion Coins (100,000,000,000,000,000 CRT) Developer coin reward: 300 Trillion Coins (300,000,000,000,000 CRT) (0.3% of total coin supply) Block reward: 4 Billion Coins (4,000,000,000 CRT) plus block height bonus Block halving: None Maximum block size: 3MB (Default maximum is currently set to 2MB.) RPC Port: 9332 P2P Port: 9333 This coin does not use any decimal places due to the sheer size of coin supply that has been set.

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Release of Cryptotarget

Released on June 02, 2015 00:00