EarthCoin was basically launched in 2013, and since then it has shown its strength; good marketing. Thousands of users are entering into cryptocurrenc
EarthCoin was basically launched in 2013, and since then it has shown its strength; good marketing. Thousands of users are entering into cryptocurrency and EarthCoin has proven to be a long-term contender as we speak. This cryptocurrency is based in bitcoins open sources, although in the last couple of months it has gone through some changes. In short, the primary goal of EarthCoin is not to create the most valuable coin, but to unite the coin users across the globe. It mimics some of the natural processes we observe in real life.
EarthCoin is more of scrypt coin just like the LiteCoin, which means they both used scrypt as the proof of work scheme. EarthCoin utilizes a sine kind of a curve to adjust the amounts each block will pays in increments of a set amount of coins, say two thousand coins; a very interesting thing if you are into mining. The block starts at 10000 coins then over a period of 3 months it slowly works its way up, to 12,000, then in the next period of three months goes back to 10,000 coins and gradually a descend trend to around 8,000 for the next periods. It’s then reversed that to climb and return to 10,000 coins per block in 365 days before finally cutting the payout into a half.
Earthcoin offers an extra payout at a much higher rate periods relative to the moon cycles, but besides the regular payout, in every 14 days, the rewards will double and every 32 days it is more likely to quintuple. Days to generate one block mining will greatly vary depending on your luck, while the days to generate one BTC will vary on the current exchange rate. One of the things Earthcoin seems to differentiate itself if the its markets. The multitude of polished logos and generous give away to the stunning graphic is one way to tell that it is getting many things right in terms of marketing.
To get started, all you need is to download the Earthcoin wallet app available on Windows, Mac OS, and Linux. There are various methods to obtain Earthcoin, for instance, you can mine, trade or buy on exchangers and other services, or receive a donation from different Earthcoin Users. Earthcoin Cryptocurrency is fast and very secure; it typically uses the scrypt algorithm as well as the Pow protocol. http://earthcoin.biz/ has basic info that can help you get started with earth cryptocurrency as well as shed some lights on how to mine coins.