The beginning and Development of woodcoin

The unit of exchange is LOG, and the genesis block was mined in October 2014.
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Woodcoin is a decentralized system

Woodcoin Reward

The coin reward is between stagnation and inflation, increasing logarithmically. The reward for mining today is always greater than it will be tomorrow, and that miners will always have a reward for securing the network.

Stability and longevity

Half the LOGs will be released in the first 200 years, instead of the first 4 years (as BTC or LTC). However, every block is worth less than the preceding one - so earlier adopters are always rewarded and the supply will never rise above 28.5 million LOG.

Support and reliability

Maintained Foundation to benefit the Woodcoin economy and other bitcoin users who are interested in learning about Woodcoin's monetary policy. The protocol has remained robust without mandatory updates since its inception in October 2014.

was created to solve problems

For a decentralized coin, mining should grow with a pre-set reward/government monetary salary schedule. If the reward schedule drops too quickly, the founders or early adopters own the entire structure of the coin and there is little incentive for new miners to secure the network – stagnation.
Fees for boosting miner incentives, but a high fee also lowers the value of the coins. If the reward schedule falls too slowly, it becomes possible, inflation becomes possible.
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Growth chart for the year
Market price (LOG)
Trading volume for 7 days

Android and IOS SPV Woodcoin Wallet

It is an open source non-custodial wallet in which the users can back up their private keys and have total control of their funds.