CryptoCoinsRevolution.com: Hashing algorithm Execoin

Execoin information

Execoin’s algorithm is designed to resist the development of custom mining hardware and multipool mining, ensuring that transactions are validated by a widely distributed network and avoiding the selling pressure when large mining pools indiscriminately flood the market with freshly mined coins.

• Website: http://execoin.net
• Algorithm: Scrypt-Progressive-N with optimized schedule (scientific name: scrypt Salsa20/8(N, 1, 1), PBKDF2(SHA2))
• Symbol: EXE
• Max Coins: 84 million
• Block time: 45 seconds
• Subsidy: halves every 840,000 blocks (~437 days)
• Difficulty Re-Target Time: Every 1920 blocks (~24 hours)
• Block Rewards: 50 coins per block
• Premine: Absolutely no premine!
  
  

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