Technology
What is Liracoin?
Liracoin is a crypto-currency based on Bitcoin code but using scrypt as a proof-of-work algorithm.
These are the differences with Bitcoin:
Liracoin
New block: Every 5 minute (block targets)
Halves: Subsidy halves in 10k blocks
Total Coin Supply: 350000 total coins
Initial Mining reward: 20 coins per block
Retarget difficulty: Every 288 blocks
Bitcoin
New block: Every 10 minute (block targets)
Halves: Subsidy halves in 210k blocks
Total Coin Supply: 21000000 total coins
Initial Mining reward: 50 coins per block
Retarget difficulty: Every 2016 blocks