Gamerscoin is a lite version of Bitcoin using scrypt as a proof-of-work algorithm. Maybe a New P2P Crypto-Currency for Gamers.
100% Open Source Code
Some Interesting Facts…
GamersCoin is a digital currency
Because it is digital, you can literally backup your money, so, when properly cared for, it can’t be:
Lost
Stolen
Frozen or seized
You can create your own money(GamersCoin)
In spite of the amazing advances in home office colour printing technology, most national governments take a fairly dim view of you producing your own money. With gamerscoin, however, it is encouraged. You can certainly buy gamerscoins on the open market, but you can also mine your own if you have enough computing power. After covering your initial investment in equipment and electricity, mining gamerscoins is simply a case of leaving the machine switched on, and the software running. And who wouldn’t like their computer to earn them money while they sleep? Allows a direct and immediate transfer of value between two people anywhere in the world. No banks, governments, or organizations control or influence it. Cannot be counterfeited, inflated, printed, or devalued over time. A peer-to-peer network functions as a distributed authority to record transactions. Gamerscoin operates on free, open-source software on any computer or smart phone. There are no start-up, transaction, or usage fees. Purchases can be completely anonymous. Transactions cannot be reversed. Privacy is enhanced with Gamerscoin and it reduces identity theft. Details
2.5 minute block targets
subsidy halves in 840k blocks (~4 years)
~84 million total coins
50 coins per block
2016 blocks to retarget difficulty
