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ASIC Resistant Cryptocurrency CACHeCoin Features Accessible Mining And PoS / PoW Algorithm

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CACHeCoin is an ASIC proof cryptographic currency similar to Bitcoin and Litecoin, which implements not only a proof-of-work (PoW) system but also a low energy proof-of-stake (PoS) algorithm to secure the network. CACHeCoin was released without any premine; early miners are therefore well-rewarded.

CACHeCoin gives users many options to choose the preferred mining strategy and can be energy efficiently staked using PoS, or mined with hashing power for those who prefer mining pools. CACHeCoin is compatible with all mining pools that support the Scrypt-Jane algorithm. CACHe is accessible for mining by the small scale miner as it is ASIC resistant, which prevents large million dollar investors from monopolizing the coin. CACHe also adjusts difficulty by implementing a logarithmic adjustment algorithm.

CACHeCoin utilizes PoS minting which generates more CACHeCoins for holders, when coins are retained in a wallet for at least 7 days. CACHeCoins´ PoS block require 520 confirmations; once the confirmations are made the staked coins become available again in the wallet. PoS is not very CPU intensive, requires no special programs and once coins have been in a CACHe wallet for at least 7 days new coins will be minted automatically. It is possible to exclude coins from PoS minting easily by using the Reservebalance setting.

With the launch of CACHeCoin a new Bitcoin alternative for the small scale miner has entered the crypto space. With versatile mining options like proof-of-Stake and Proof-of-Work together with its ASIC resistant features and no premined coins; CACHe may be a prosperous option for small scale miners and proof-of-stakers who like to be rewarded for simply holding coins in their wallet.

To learn more please go to: http://cachecoin.org/

CACHeCoin thread on bitcointalk: https://bitcointalk.org/index.php?topic=400389.0

To trade CACHe for Bitcoin:

https://www.cryptsy.com/markets/view/154

https://www.poloniex.com/exchange/BTC_CACH

Media Contact:

Name: Jasin Lee

Email: contact@cachecoin.org

** This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Please conduct your own due diligence.

Cachecoin Screenshot

Technical Specifications:

  • Scrypt-Jane Coin
  • No ASIC Miners
  • No Premine
  • Proof-of-Work and Proof-of-Stake Mining
  • Block Reward: Inversely proportional to the difficulty
  • Difficulty adjustment every block
  • Difficulty adjustment algorithm: Logarithmic
  • Target of 15 minute block generation
  • Maximum of ~2 billion coins per transaction
  • Block maturity: 520 confirms
  • Transaction Maturity: 6 Confirms
  • Coin age of stake: 7 days
  • RPCPort: 2224
  • Network port: 2225

Bringing Cryptocurrency To Women Worldwide, Cryptomoms.com Launches With 3 Million DNotes Giveaway

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The fact that the emerging world of cryptocurrency is overwhelmingly dominated by men has never been in dispute. As of April 2014, surveys show that currently the male to female ratio is 19:1, or 95% (male) to 5% (female). This troubling gender imbalance has been voiced by women’s advocates and discussed in different Bitcoin forums; but until now a highly focused and dedicated effort to change the playing field has been lacking.

Developed and fully funded by the same team who created DNotes, Cryptomoms.com officially launched today in the Mid-West, USA; aiming to bridge the gender gap as clearly articulated in their mission statement:

Cryptomoms.com is a digital community center with a dedicated mission to encourage and assist women to participate in the emerging world of crypto currency overwhelmingly dominated by men. We begin by creating a culture of mutual respect for women with genuine efforts to help them acquire the basic knowledge about digital currency along with many earning opportunities. We will relentlessly pursue to accomplish our mission through multiple campaigns and outreach projects and invite the participation of our industry peers and advocates to join force with us.  We will set very specific quantifiable goals and sponsor creditable surveys to measure our achievement against those goals. For the common good of our industry we are committed to make a difference.”

The Cryptomoms forum is already buzzing with great enthusiasm and excitement. In a matter of days one can feel that a new culture is born. There is a great a sense of a family atmosphere, where everyone is genuinely excited to welcome new members, helping, teaching and inspiring each other.

While both men and women are welcome, there is a sense that there is some kind of super “girl power” taking charge that could change the male dominated world of cryptocurrency forever.

The official launch of Cryptomoms.com will begin with a huge give away of up to 3 million DNotes. Participants who register and participate in the forum will be sent 250 DNotes to their wallet address. In anticipation that many will be new to the digital currency world Cryptomoms supporters will be on stand by to help. The site is already fully loaded with instructions and tutorial videos. For beginners, it is also recommended that they simply open an account with an exchange where DNotes is currently listed which includes Allcoin and Poloniex.

A spokesman from DNotes commented that for digital currency to become truly mainstream the huge gender imbalance must be corrected, as women control more than 50% of consumer purchasing power. He elaborated that DNotes is positioned as a serious digital currency, with a strong commitment to generating trust and support for its stake holders. In a never ending journey to build asset value for their stake holders: Cryptomoms.com is the first of many ambitious web properties planned by the Dnotes team.

To see the Cryptomoms community please go to: http://cryptomoms.com

To learn more about Dnotes please go to: http://dnotescoin.com

Media Contact:

Name: Alan Yong

Email: contact@cryptomoms.com

CryptoMoms Screenshot

Vircurex Review – Trade and Exchange BTC, LTC, DVC, FTC, TRC, NMC, PPC, IXC, USD and EUR Cryptocurrency Exchange

Vircurex is a privately owned cryptocurrency exchange platform for BTC, LTC, DVC, FTC, TRC, NMC, PPC and IXC supporting the buying and selling of Bitcoins and its many derivatives. The platform offers buying and selling, underwriting options, coupons and a full trading API. Virtual currencies including Bitcoin, Litecoin, Devcoin, Feathercoin, Terracoin, Namecoin, PPCoin, IXCoin can be exchanged for Euro,  USD, and each other on Vircurex. Vircurex is a respected member of the crypto community, withdrawals and deposits are always fast, and the owner Kumala always keeps users updated on the latest with the exchange.

Supporting a huge range of cryptocurrencies, including BTC, LTC, DVC, FTC, TRC, NMC, PPC, IXC and more, Vircurex is fast becoming one of the most popular cryptocurrency trading platforms out there. Enabling anyone, worldwide, to trade in and out of these many currencies in the alternative cryptocurrency ecoystem.

To begin trading on Vircurex with less trading fees please click here

Vircurex offers the largest selection online of any crypto exchange and trades the following currency pairs:

BTC Bitcoin Exchange:

Bitcoin / United States Dollars – BTC / USD

Bitcoin / Euro – BTC / EUR

Bitcoin / Litecoin – BTC / LTC

Bitcoin / Devcoin – BTC / DVC

Bitcoin / Feathercoin – BTC / FTC

Bitcoin / IXCoin – BTC / IXC

Bitcoin / Namecoin – BTC / NMC

Bitcoin / Terracoin – BTC / TRC

DVC Devcoin Exchange:

DVC for BTC, LTC, FTC, TRC, NMC, PPC and IXC

LTC Litecoin Exchange:

LTC for BTC, DVC, FTC, TRC, NMC, PPC and IXC

FTC FeatherCoin Exchange:

FTC for LTC, BTC, DVC, TRC, NMC, PPC and IXC

NMC Namecoin Exchange:

NMC for FTC, LTC, BTC, DVC, TRC, PPC and IXC

TRC Terracoin Exchange:

TRC for NMC, FTC, LTC, BTC, DVC, PPC and IXC

PPC PPCoin Exchange: 

PPC for TRC, NMC, FTC, LTC, BTC, DVC and IXC

To begin trading on Vircurex with less trading fees please click here