Plan the carrotcoin launch
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@@ -6,7 +6,7 @@ The carrotcoin cryptocurrency is a bitcoin-like currency with proof-of-work, cre
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The network should stabilize at around 1 block every 5 minutes.
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Blocks are hashed with SHA256 and need to start with a certain number of zeros (or, more precise, be below a given value depending on the difficulty)
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Blocks are hashed with SHA256 and this hash needs to start with a certain number of zeros (or, more precise, be below a given value depending on the difficulty)
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ed25519 keys are used to validate transactions.
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@@ -100,6 +100,8 @@ A transaction that is stored in a block must fulfill the following criteria (in
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A block is valid if all of the following criteria are fulfilled:
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- The "previous hash" field contains a SHA256 hash value of a previous valid block. (Or is completely filled with nullbytes, in case of the first block.)
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- The first block has a public key with the following SHA256 hash value:
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88023d392db35f2d3936abd0532003ae0a38b4d35e4d123a0fa28c568c7e3e2f
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- The "timestamp" field is greater than the timestamp of the previous block (if there is any). Equal timestamps are not allowed.
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- The "timestamp" field is less than or equal to the current time. This needs to be decided by each node based on the local clock.
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- The "difficulty sum" must be precisely calculated, as specified in `calculating difficulty`
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