Woodcoin is reliable

Unlike many other cryptocurrencies, the WoodCoin mining reward isn't scheduled to drop quickly until far in the future. The WoodCoin Ecosystem will continue to subsidize miners and keep the coin alive - allowing for low-fee transactions and improved 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 WoodCoin mining reward isn't scheduled to drop quickly until far in the future. The WoodCoin Ecosystem 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 decreases continuously in a 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 use of algorithms is often vulnerable to attacks. To improve security Woodcoin is the first consistent network built and secured solely with Skein2 or pure skein, a fast and robust hash function, as the proof-of-work hash function. Woodcoin uses only Skein512 for proof-of-work, computed twice. This is similar to Satoshi's choice to use a double sha256 hash to secure the first public coin.
Read more about Skein
Elliptic Curve Digital Signatures: X9_62_prime256v1
We use the elliptic curve digital signature algorithm(ECDSA), just like most currently available public coins, to sign transactions and create public and private addresses. However, Woodcoin uses a different curve known as secp256r1. This curve was primarily used in the financial industry before Bitcoin. Some claim it is more secure as it takes better advantage of the parameter space than the Koblitz curve.