There are plenty of digital currencies out there for those of us fed up with the boring old paper kind bank produced and backed by the government.
Bitcoin, Litecoin, Ripple, Peercoin, Namecoin, and Dogecoin, too are officially yesterday’s news. There is a cryptocurrency debuting on January 11 called Coinye West, underpinned by a common-sense goal: To make digital currencies more accessible to a less technical audience.
The Coinye West system, its developers said, will use a different algorithm from Bitcoin’s that will let people use their home computers to acquire Coinye West coins instead of having to go out and buy expensive, specialized hardware. The name of this mining software will be "Gold Digger," the developers said.
|Kanye West-Inspired Cryptocurrency Coinye West|
About Coinye West
-- WE AIN'T MININ', WE PICKIN'. --
DROPPING JANUARY 11, 2014. 11 PM EST. No screwed up fake "fair" launches, shyster devs, muted channels, and f**ked up wallets. We will be releasing password protected, encrypted archives containing the binaries and source for the wallet and daemon BEFORE LAUNCH, with the passwords to be released at the specified time. We will work with multiple pools to orchestrate a PROPER and FAIR release.
Internet Relay chat is in irc.freenode.net #coinyewest
Coinye West Technical Details:
- Algorithm: Scrypt
- Max Coins: 133,333,333,333
- Block time: 90 Seconds
- Difficulty Re-Target Time: 12 hours
- Block Rewards: 666,666 COYE
Coinye West Official reddit user link http://www.reddit.com/user/coinyewest
Coinye West Official Twitter user link https://twitter.com/CoinyeWest
Coinye West Official Website link http://coinyewest.com/