Category Archives: Slothcoin

Testing Slothcoin 1.3.1.2

Starting with a complete download of the Slothcoin Blockchain to see if it all goes according to plan. There were some hickups along the way during compiling the alterned source-code. The QR-code gave a fatal error, but that has been fixed too.

What is new? First of all the reward system has been changed to fit the maximum amount of Slothcoin to 92.233.720.367. That is a lot, but still almost 8 billion below the supposed amount to be released over time. Beyond this figure it the total amount of Slothcoin would have become negative. This is due to the nature of the used variable.

The reward system will give 10 days of big awards to miners, starting with 100 blocks worth 1 million SLOTH. About 4 hours of crazy mining, starting from block 300K. After those days there will be years of 4321 Slothcoin per block mining ahead. To keep the Sloth going.

There has been a change in looks and some minor code changes. Also making sure that the different versions will work as one until block 300K. While testing the GNU Linux version, there are also WinX and MacX compile needed before block 300K. The Qt as well as the deamon version. There is a topic at BiTCoinTalk, and you can also respond here. (Reward for Qt version 10 Million Sloth, deamon 5 Million, so in total a 30 Million Sloth bounty.)

The sourcecode will be available at Github, after the tests have gone well. (Currently there is the original fork version 1.3.0.0.)

May the Sloth be with you!

SlothCoin almost at block 300K

SlothCoin developement seems to have come to a halt. The website has been offline for a while. And the original developer has not written at the forum announcement item of SlothCoin at BiTCoinTalk for months. When the wallet starts it shows a splashscreen with version 1, but it has been updated to version 1.3.0, by the original developer. SlothCoin is still going strong, so what is the suggested 300K block fork about?

The coin itself is based on the Keccak, better known as SHA3, encryption algorithym. It’s logo is the Sloth, a wonderfull inspiring animal, one of earths beautifull creatures. Originally there were to be 10 billion coins to be released, at least that was hard-coded into the wallet software. But when it was announced it stated that there would be a hundred billion SlothCoin released over a period of time. This is done by so called ‘mining’ and is rewarded with a certain amount of COIN.

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