Basecoin BAC Crypto Currency Information

BASECOIN BAC

BaseCoin - The Coin build up the whole world.

Basecoin - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features Florincoin (transaction message).  Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.

Basecoin provides annual interest rate of 0.01%, for stakes that are not moved.

Website
None Available.

Block Explorer / Crawler
None Available.

Contact
None Available.

SPECIFICATIONS

• Scrypt Algo
• POS+POW
• Each normal block has 1 Basecoin
• 1 minute block time
• Daily generation is 1440 coins, basecoin is really a rare coin.
• Difficulty retargets every block
• Mining payout will be stable all over the lifecycle of Basecoin
• Expected total mined coins will be 6000000 Basecoins
• 4 confirmations for transaction
• 50 confirmations for minted blocks
• Support transaction message
• Diff start at 0.01

DOWNLOADS
version 1.1.1

Windows
https://app.box.com/...ztzi51byu4htexw

Source Code
https://github.com/basecoin/basecoin

Getting Started:

• Start up Basecoin.exe, wait for it to load, then exit.
• Put Basecoin.conf (see sample file below) in your c:/users/**yourcomputername**/AppData/Roaming/Basecoin
• restart Basecoin-qt, and you should connect and sync.
• For solo mining, use the mining page in Basecoin.exe and begin mining.

Sample Basecoin.conf:

listen=1
daemon=1
server=1
rpcuser=***rpcuser***
rpcpassword=***rpcpassword***
rpcport=21207
addnode=bac.minar.cc
addnode=216.155.151.242
addnode=218.75.135.146
addnode=176.9.234.166
addnode=216.24.205.232
addnode=216.24.205.232
addnode=216.155.151.242
addnode=116.226.16.77
addnode=bac.szbpool.com
addnode=114.225.86.236
addnode=116.226.2.134
addnode=216.155.151.242
addnode=58.253.41.116
addnode=221.198.108.61
addnode=122.4.157.122
addnode=113.243.58.18
addnode=180.107.126.91
addnode=119.142.90.64
addnode=14.208.48.4

Solo mining:

• setup Basecoin.conf in %appdata%/Basecoin
• fill Basecoin.conf in the form of sample Basecoin.conf
• use cgminer in the Basecoin.exe to solo mine

cgminer.exe --scrypt -o http://127.0.0.1:21207 -u ***rpcuser*** -p ***rpcpassword***

PORTS

• P2P Port:  21206
• RPC Port:  21207

POOLS

Minar
http://bac.minar.cc/

Szbpool
http://bac.szbpool.com/

EXCHANGES

None available.

SOCIAL

None Available.

SERVICES / OTHER

Basecoin User Created Site
http://www.basecoin.pw/