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U$D ($$$)


Was released on
December 30, 2016 20:00
U$D is the CryptoNote equivalent to the fiat US Dollar. It has a pegged value of $1 per coin, even though there are a lot of coins to mine, because it is meant to be a decentralized upgrade and a conversion from fiat to Crypto. Even if you mine 30,000 U$D at once, if you trade $30 for 30 U$D, you are upgrading the type of currency the US dollar is. This is to preserve two things about the US dollar: 1) decentralization, 2) privacy (both of which are essential parts of United States philosophy), and 3) inflation of US value over time. Another purpose is to get rid of the need for credit cards and loans, as this is how the economy collapsed.

Specifications

  • Algorithm:

    CryptoNight
  • Nr. Coins:

    184 Quadrillion Coins
  • Distribution:

    PoW
Currently requires ForkNote to run, so here is the config file to use with ForkNote: seed-node=24.46.180.129:41141 EMISSION_SPEED_FACTOR=18 DIFFICULTY_TARGET=120 CRYPTONOTE_DISPLAY_DECIMAL_POINT=2 MONEY_SUPPLY=18446744073709551615 GENESIS_BLOCK_REWARD=0 DEFAULT_DUST_THRESHOLD=1000000 MINIMUM_FEE=1000000 CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=10 CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=100000 CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=86 p2p-bind-port=41141 rpc-bind-port=41142 BYTECOIN_NETWORK=d2468b67-b737-1391-6168-c2c5309ea19f CRYPTONOTE_NAME=U$D GENESIS_COINBASE_TX_HEX=010a01ff0001ffffffffffff0f029b2e4c0281c0b02e7c53291a94d1d0cbff8883f8024f5142ee494ffbbd088071210131bccafb9aa502fb4bc903d94b425118ef680daaa455e7bff1be331e5715ad7d MAX_BLOCK_SIZE_INITIAL=100000 UPGRADE_HEIGHT_V2=1 UPGRADE_HEIGHT_V3=2

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Release of U$D

Released on December 30, 2016 20:00