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Fartcoin is a cryptocurrency like Bitcoin, although it does not use SHA256 but Fartcoin currently employs a simplified variant of scrypt as its proof of work (POW). We are taking development cues from Bitcoin, Litecoin & Dogecoin. This is the first V1.0-Beta release of the fartcoin-core wallet. The Fartcoin blockchain is implemented in the dogecoin-1.14-beta-1 wallet and got a graphical upgrade to the "Space Police" theme.
The website, Fartcoin-project.com MemesExchange.com, the BlockExplorer and the MiningPool are all servers that are being build at home and are 24/7 online.
The mining block reward is different from any other coin, since it is a reciprocal graph (y=1/x) it gradually decreases the mining reward every block. This means that instead of Bitcoin's bitshifting (halving the reward suddenly every 210k blocks) Fartcoin mining reward drops constant until block 10.000.000 where it stays at a constant 1 FART per block + miningfee.
BlockReward= 1*COIN / ( height / 10000000)
1 Block per minute = 43800 Blocks per Month = 525600 Blocks per Year
* Year1 = 137.5
* Year2 = 143.9
* Year3 = 147.9
* Year4 = 151.3
* Year10 = 160.5
After block 10 million a fixed reward of 1 FART per block
Year20 = 166,953,113 FartCoins = block 10512000
You can mine Fartcoins with your fartcoin-core wallet, the mining pool or you can trade Fartcoins at MemesExchange.com
P2P 13377
SOLO MINING: In the Fartcoin-core wallet go to Help->Debug Window->Console To start type: setgenerate true To stop type: setgenerate false
POOL MINING: When the mining pool is finished you can also connect to the Fartcoin mining pool. Download a miner: https://github.com/pooler/cpuminer/releases Windows: run the miner in CMD