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TheBestCoin fork

Task

To develop and launch a new ASIC-sustainable blockchain that is based on Vertcoin fork with a with Lyra2REv2 PoW algorithm with controllable memory consumption
To develop additional blockchain infrastructure: block explorer, public pools (p2pool), pool scanner, DNS seeder

Result

  • We developed Vertcoin fork based on the ASIC-sustainable PoW algorithm Lyra2Rev2
  • We modified memory consumption parameters for Lyra2REv2 algorithm
  • We integrated the difficulty adjustment algorithm, Dark Gravity Wave (DGW)
  • We prepared wallets distribution kits for Linux, Windows, MacOS
  • We launched and prepared Mainnet and Testnet
  • We developed  software for mining-pools
  • We developed  Blockexplorer
  • We created a corporate coin website based on the  WordPress

 

Technical characteristics:

  • PoW algorithm: Lyra2/Lyra2REv2 with an ability to change memory consuming parameters
  • Difficulty adjustment algorithm: Dark Gravity Wave (DGW). The difficulty changes on a basis of the last 24 blocks
  • 2880 new blocks in the network
  • Blocks are created every 2 minutes
  • The maximum number of coins to be created is 2 200 000 000 BC
  • PoW period is 17 years
  • Block creation reward is 10000 BC.
  • Block creation reward in halved every 110,000 blocks

 

Project support:

  • Technical documentation: installation, deployment,  configuration, and project architecture description

 

Technology stack used within the development:

  • C++
  • Python
  • PHP
  • JavaScript/Nodejs
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