Woodcoin is reliable

Unlike many other cryptocurrencies, the reward isn't scheduled to drop quickly until far in the future. The coinbase will continue to subsidize miners and keep the coin alive - both in allowing for low-fee transactions and in improving network security.
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woodcutting reward per day, compared to Bitcoin
Reward
Reward
Plot for the next 50 years

The ability to always be aware of the course

Download to any device
Ability to mine Woodcoin
Store woodcoin in your wallet

Woodcoin is a publicly released cryptocurrency

Unlike many other cryptocurrencies, the reward isn't scheduled to drop quickly until far in the future. The coinbase will continue to subsidize miners and keep the coin alive.
Logarithmic Coin Release
Woodcoin is the first coin to use a logarithmic coin release. The reward is continually decremented in an harmonic series. The algorithm that controls the creation of units of currency over time should be the first thing every educational site about a coin should present. In that spirit here is the monetary policy of Woodcoin:
From /src/main.cpp:
int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 1000000 * COIN; if (nHeight<100) return 1*COIN; else return nSubsidy/nHeight + nFees; }
This leads to a total money supply S which increases logarithmically in block height n:
ilog = natural logarithm gamma = euler-mascheroni constant forest = 5187377.51763962 (value of LOG reward suppressed S = 1000000* ( log n + gamma ) – forest
Proof of Work algorithm: Double Skein
The first consistent network built solely with the skein hash function. The use of algorithms is vulnerable to attacks, Woodcoin is secured with Skein2 or pure skein as the proof-of-work hash function. Woodcoin uses only Skein512 for proof-of-work, computed twice. This is indifferent to Satoshi's choice to use a double sha256 hash to secure the first public coin. Skein is a fast and robust hash function.
Read more about Skein
Elliptic Curve Digital Signatures: X9_62_prime256v1
To sign transactions and create public and private addresses we use the elliptic curve digital signature algorithm ECDSA just like most all currently available public coins. However Woodcoin uses a different curve also known as secp256r1 as a basis to do so. This curve was perhaps the most used in the financial industry before Bitcoin. Some people claim it is more secure as it takes greater advantage of the parameter space than the Koblitz curve.