Specification

  • Date of launch:
    • Without publication of the source code (generation genesis block - 24.07.2015 @ 00:00:00 MSK (GTM +03:00)) launch July 27, 2015
    • Changing the source code of the purse before publication - August 2016
  • Hashing algorithm:
    • Prior to the publication - Scrypt
    • Open source code - X11: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
  • Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2)
  • Mining: CPU/GPU
  • Block generation: 2.5 minutes
  • Confirmations of transactions using InstantX: ~ 5 seconds
  • Difficulty Retargets using Dark Gravity Wave
  • The annual decrease in the number of issued coins: -7%
  • Estimated number of Arctic coins: max ~ 60.000.000
  • Decentralized Goldmine Network
  • Superior Transaction Anonymity using Spysend
  • Reward model:
    • miners - 45% of the awards for the new blocks,
    • holders Goldmine - 45% of the awards for the new blocks,
    • project development - 10%.
  • Blockchain Explorer
  • Source Code
  • Official announcement - Bitcoin Forum (eng)

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