PlatinumBAR is a Quark based cryptocurrency with PoW, PoS, and long term support (LTS). PlatinumBAR uses the rock solid 9-hash algorithm Quark for Proof of Work and Novacoin for Proof of Stake.
The currency code for PlatinumBAR is XPTX.
Block Time: 2 Minutes
Difficulty Adjustment: 5 Blocks
Confirmations Minted: 90 Blocks
Confirmations Sent: 6 Blocks
Pricing and information about the PlatinumBAR blockchain can be found at the links below. The Block Explorer provides detailed information about the blockchain. Coinmarketcap lists the current PlatinumBAR pricing information.
PlatinumBAR software is available in Windows, MacOS, and Linux formats. Click on any of the links below to download the PlantiumBAR software.
Blockchain .dat file is available for download below. Place the .dat file in your /[your username]/AppData/Roaming/PlatinumBar folder (Windows). If you don't see the AppData (windows) folder, please go to view options and un-hide system files. Please note, the "current number of blocks" in the Information tab might not update in real-time during the process. See .dat filesize in folder above.
Paper wallet is available for PlatinumBAR. Sgminer is also available if you're solo or pool mining PlatinumBAR.
A proof-of-work (POW) system (or protocol, or function) is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer. A proof of work is a piece of data which is difficult (costly, time-consuming) to produce but easy for others to verify and which satisfies certain requirements. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated.
Premine of < 10% to be Used for Development and Marketing
Block 2 - 501
Coin Rewards of .01 per Block, for a Total of 5 Coins Created
Block 502 - 18000
Coin Rewards of 5 Coins Per Block for a Total of 100,000 Proof of Work Coins
Block 18001 +
Coin Rewards of .001 for ~265 Coins Per Year or 2% Declining Inflation
Proof-of-stake (PoS) is a method by which a cryptocurrency blockchain network aims to achieve distributed consensus. While the proof-of-work (PoW) method asks users to repeatedly run hashing algorithms or other client puzzles to validate electronic transactions, proof-of-stake asks users to prove ownership of a certain amount of currency (their "stake" in the currency).
Block 501 +
Proof of Stake with 230% Interest
2 Hours of Stake Age and 10 hours of Restake Time
Ports are used to connect to the client for mining or advanced development.
Addnodes are hard coded into the codebase, but if you're having issues additional nodes are listed below.
Washington DC, USA
Mine PlatinumBAR with your CPU or GPU hardware. Below is a list of the current mining pools.
Exchange your PlatinumBAR with other cryptocurrencies or fiat currencies at one of the cryptocurrency exchanges below.
Stop by one of our announcement thread on the most popular cryptocurrency forums and social websites.
Stop by one of our announcement threads for languages other than English.
If you have questions or comments about PlatinumBAR please fill out the form below and we'll get back to you as soon as possible. Please allow up to 24 hours for a response.
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