Alohacoin is a decentralized, peer-to-peer digital currency that enables you to easily send money anytime and anywhere in the world online. Think of it as "the internet money."
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Don't miss the chance! Begin to use Alohacoin today
Alohacoin is a digital asset on the internet we can create and share with! Why don't you join us?
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Get Alohacoin. Find out how to get Alohacoin.
There are 3 ways to get Alohacoin.
1. To mine by POW
2. To be given by people who have Alohacoin.
3. To mine by POS
Alohacoin is a new and rapidly growing form of digital currency. This form of digital currency is called "cryptocurrency"; a type of digital currency. Cryptocurrency is completely anonymous, decentralized(without any intermediateries such as banks and credit card companies), and extremely secure. Alohacoin is used with a wallet on your computer, your smartphone, or a website.
You can use it to buy goods and services, or trade it for other currencies. It is easy to start using Alohacoin.
What is POW?
A proof-of-work (POW) system (or protocol, or function) is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.
A key feature of these schemes is their asymmetry: the work must be moderately hard (but feasible) on the requester side but easy to check for the service provider.
What is POS?
Proof-of-stake (POS) is a method by which a cryptocurrency blockchain network aims to achieve distributed consensus . While the proof-of-work method asks users to repeatedly run hashing algorithms to validate electronic transactions, proof-of-stake asks users to prove ownership of a certain amount of currency.
Details are below.
Open: Nov.29th, 2015
Specification: Proof of Work & Proof of Stake
Total amount of Alohacoin issued by POW: 36,988,888
POW Block time:About 2.5 minutes
POW Block reward(beginning): 21
POW Block reward(max):
Pre Mining: 4.62%
Expected value (a year): 8.0% for the first year
You would get approximately 4% of the value every 180 days.
It will decrease by 0.6% every 105,000 blocks.
The last minimum expected value will be 2.0%.
Block mining reward halving : every 840,000 blocks…
First, you have to sync with the blockchain to use Alohacoin.
Alohacoin is a "light" wallet. It syncs with the blockchain by "skimming", which provides fast sync.
Alohacoin Core, on the other hand, is a "full" wallet. It syncs with the blockchain by downloading itself, which provides a solid-working Hold wallet.
Advantages and Disadvantages?
Both wallets have their advantages and disadvantages.
Alohacoin is a light wallet, so it only needs to "skim" through the blockchain before it comes to be available. This process will finish instantly.
But this wallet is limited for normal use. We can't use the wallet to mine Alohacoin since it'll get slow and unresponsive if you use in that way.
Alohacoin Core, on the other hand, downloads the entire blockchain. The first sync would be much slower than in case of the light wallet and it would need a lot more capacity in your computer.
However, this brings an advantage. It's safe to mine Hold with this wallet because it's able to handle a lot of transactions. It'll also help maintaining the whole Alohacoin network.
Alohacoin QT
We have two kinds of wallets for Alohacoin.
What are the differences in those?
First, you have to sync with the blockchain to use Alohacoin.
Alohacoin is a "light" wallet. It syncs with the blockchain by "skimming", which provides fast sync.
Alohacoin Core, on the other hand, is a "full" wallet. It syncs with the blockchain by downloading itself, which provides a solid-working Hold wallet.
Advantages and Disadvantages?
Both wallets have their advantages and disadvantages.
Alohacoin is a light wallet, so it only needs to "skim" through the blockchain before it comes to be available. This process will finish instantly.
But this wallet is limited for normal use. We can't use the wallet to mine Alohacoin since it'll get slow and unresponsive if you use in that way.
Alohacoin Core, on the other hand, downloads the entire blockchain. The first sync would be much slower than in case of the light wallet and it would need a lot more capacity in your computer.
However, this brings an advantage. It's safe to mine Hold with this wallet because it's able to handle a lot of transactions. It'll also help maintaining the whole Alohacoin network.
Alohacoin QT
We have two kinds of wallets for Alohacoin.
What are the differences in those?
First, you have to sync with the blockchain to use Alohacoin.
Alohacoin is a "light" wallet. It syncs with the blockchain by "skimming", which provides fast sync.
Alohacoin Core, on the other hand, is a "full" wallet. It syncs with the blockchain by downloading itself, which provides a solid-working Hold wallet.
Advantages and Disadvantages?
Both wallets have their advantages and disadvantages.
Alohacoin is a light wallet, so it only needs to "skim" through the blockchain before it comes to be available. This process will finish instantly.
But this wallet is limited for normal use. We can't use the wallet to mine Alohacoin since it'll get slow and unresponsive if you use in that way.
Alohacoin Core, on the other hand, downloads the entire blockchain. The first sync would be much slower than in case of the light wallet and it would need a lot more capacity in your computer.
However, this brings an advantage. It's safe to mine Hold with this wallet because it's able to handle a lot of transactions. It'll also help maintaining the whole Alohacoin network.