Popular Coin POW Scrypt Mining Pools and Information Specifications Configuration

Popular Coin Proof of Work Minting

Coin Generation

The only way that PopularCoins are Generated is by Mining them. The way that PopularCoin™ transactions are processed is by miners connecting their computers with the network and processing the data. When they process the transaction data every 180 seconds a block of information is generated and the person who’s computer processes that part of the code gets 99 coins. By connecting to a pool it strengthens the likelyhood of solving a block and then the pool splits the reward.

Official Pools:

    • C-Minors Pool
      Scrypt Algorithm Proof of Work (PoW)

      Mining Payout and Transaction Processing:

      Base Rewards:

      99 POP Coins Per Block (first 6 months)
      49 POP Coins Per Block (to block 110000)
      99 POP Coins Per Block (Indefinitely)

      50 Blocks for Full Confirmation
      180 Second Block Spacing
      Difficulty Retarget Every Block

      Epic 1,000x POP Reward Every 10,000 Blocks

      Bonus Rewards
      2x Reward – 7 per hour
      5x Reward – 2 per hour
      10x Reward – 1 per hour
      25x Reward – 12 per day
      100x Reward – 1 per day
      500x Reward – 1 per week
      2500x Reward – 1 per month
      5000x Reward – 6 per year

      RPC Server Daemon: ./popcoind

      Core Directories:

      Windows < Vista: C:\Documents and Settings\Username\Application Data\PopCoinCore

      Windows >= Vista: C:\Users\Username\AppData\Roaming\PopCoinCore

      Mac: ~/Library/Application Support/PopCoinCore

      Unix: ~/.popcoincore

      Sample popcoin.conf

      rpcport=27171 port=18181

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