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Ohad Asor edited this page May 10, 2014
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1 revision
Xencoin (XC) is the Xennet's underlying coin. All services offered by the Xennet network are paid with Xencoins. In addition, all Xennet's announcements are broadcasted to the Xencoin blockchain as transactions as described at the Blockchain part of the RFC.
The coin will fork Myriad coin, to support a wide variety of mining hardware, and distribute the block reward more equally. Myriad coin fork will have to implement the following modifications:
Rebrand it with Xencoin.
Support announcements by allowing zero output transactions, as in here.
Add Kimoto Gravity Well or similar algorithm to deal with drastic network hashrate changes.