WilliamLie2



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Merit: 100







Full MemberActivity: 204Merit: 100 [ANN][MOTO] Motocoin May 01, 2014, 01:21:50 PM

Last edit: December 06, 2014, 10:41:42 PM by WilliamLie2 #1

The first Proof-of-Play cryptocurrency.



Launch date: 20 May 2014, 20:00 UTC



Official website | Subreddit | Twitter : 20 May 2014, 20:00 UTC

Motocoin is a cryptocurrency utilizing an innovative proof-of-play scheme where coins can only be mined by cognitive workload - playing a 2D motorbike simulation game, which is different from Bitcoin and other crypto-currencies that use a proof-of-work scheme where miners must perform difficult computations and then use proof of that work to secure coin transactions and get their reward. Motocoin was historically dominated by bots, but is currently testing a new security model that better enforces balanced play.



Game Screenshots

Click to enlarge:





Network Parameters

Blocks are generated on average every 60 seconds.

The reward for solving a block starts at 20 motocoins, which is halved every 1'000'000 blocks (about two years) and stops decreasing at 0.4 motocoins per block.

Mining difficulty is adjusted every 2000 blocks through lowering the target time if blocks took less than an average of 60 seconds to generate, or raising the target time if blocks took longer than that.

≈40 million coins are to be generated during the first 12 years and ≈200,000 coins per year after.

450K premine (was partially used for rewards, the rest was sold in panic during the early days of Motocoin).

Download

Wallet

Source code



Mining!

Read about mining here:

Important: ensure that your client has connected and finished synchronizing with the network before mining. Do not select any map filters in game.



Exchanges

C-CEX



Block Explorer

(not yet fully operational) is a cryptocurrency utilizing an innovativescheme where coins can only be mined by cognitive workload - playing a 2D motorbike simulation game, which is different from Bitcoin and other crypto-currencies that use ascheme where miners must perform difficult computations and then use proof of that work to secure coin transactions and get their reward. Motocoin was historically dominated by bots, but is currently testing a new security model that better enforces balanced play.Click to enlarge:Read about mining here: http://motocoin.org/#mine Important: ensure that your client has connected and finished synchronizing with the network before mining. Do not select any map filters in game. http://37.153.97.65:3000/ (not yet fully operational)