45 second block time
6 blocks transaction confirmation
50 minted block maturity
30 block difficulty retarget
accelerated diff re-targeting
Supports transaction messages
coins per block halves every year, or 700800 blocks
tx fee 0.1%
45 sec block
80 blocks per hour
1920 blocks per day
57600 blocks per month
700800 blocks per year (365 days)
expect total 1,420,609,614 coins
Normal Payout per block: 1000 coins per block
GRANDCOIN is a descendant of Litecoin, so use scrypt to mine
1. Start up grandcoin-qt, wait for it to load, then exit.
2. Put grandcoin.conf (see sample file above) in your c:/users/**yourcomputername**/appdata/roaming/grandcoin
3. restart grandcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or whatever mining program you like and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:12378 -u **yourusername** -p **password** (without **)
To many orphans or stales? try adding --expiry 1