Overview
What is smileyCoin
SmileyCoin is a cryptocurrency based on the Auroracoin source code, utilizing multiple proof-of-work algorithms including SHA256, scrypt, skein, groestl, and qubit. It aims to provide a decentralized digital currency with a total supply of approximately 50 billion coins.
How to Use
To use SmileyCoin, users can download the client software from the official website. Once installed, users can create wallets, send and receive coins, and participate in the network by mining or trading.
Key Features
Key features of SmileyCoin include a 3-minute block target, a subsidy that halves approximately every 1.22 million blocks (around 7 years), and a total coin supply of 50 billion with 10,000 coins generated per block.
Where to Use
SmileyCoin can be used in various fields such as online transactions, e-commerce, and as a medium of exchange within communities that support cryptocurrency.
Use Cases
Use cases for SmileyCoin include peer-to-peer transactions, online purchases, and as a reward system in applications or platforms that integrate cryptocurrency payments.
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