DescriptionOur mission is to bring Geographic Information Systems (GIS) technology to the blockchain. GeoCoin innovations are always ongoing as we are building a community of GIS developers. Innovative GIS features in development include:
Digital Geocaching Implementation: An online web interface where geocoins can be dragged and dropped onto a map. When a different user visits that location (coordinate), they receive the geocoins.
Geodashing is an outdoor sport in which teams of players use GPS receivers to find geopoints around the world. The objective is to visit as many geopoints as possible and receive geocoins for it. There are quite a few fun ideas surrounding this initiative.
You can drop a coin on high-res aerial images for precise placement.
You can see GeoCoins on street view too. Drag them around and save their location for other people to find.
Geominer: The geominer gives a real world purpose to mining. Instead of mining random math algorithms that are essentially useless, the geominer performs GIS analysis. The results of the analysis can be viewed on an online mapping application. The analysis will be useful and apply to the real world. GIS analysis is used to make better decisions about real world problems and is used by major governments, private companies & organizations all over the world. When you mine with the geominer, you can feel assured that you are making a difference in the world. You can see the output and the difference we are making.
The implementation of the geominer folds the mining process into a raster data processor. Raster data can be supplied by a large variety of scientific data sources (ex. NASA, USDA, etc.). We have never had so much computer power in our history; if we all mine with the geominer we can make a real difference in the world.
The geominer is under development. GeoCoin mining is currently using the Qubit algorithm. Stay tuned for updates on this.
Geo-optimize network confirmations: Confirmations over the network can be slow and are an inherit problem with cryptocurrencies. Confirmations can be geo-optimized so that confirmations occur with nodes that are geographically closest to you. It is not understood yet how much faster confirmations can be.
Official Site
geo.money
Specs
Algorithm: Qubit
Block time: 1 minute
Number of POW blocks: 5,000,000
Block Rewards:
1: 34000 (0.5% premine)
2-100 (0 instamine protection)
101-40,000: 10 (~ 1 month)
40,001-80,000:9 (~ 1 month)
80,001-120,000:8 (~ 1 month)
120,001-160,000:7 (~ 1 month)
160,001-200,000:6 (~ 1 month)
200,001-240,000:5 (~ 1 month)
240,001-280,000:4 (~ 1 month)
280,001-320,000:3 (~ 1 month)
320,001-360,000:2 (~ 1 month)
360,001-5,000000:1 (~ 9 years)
Block Explorer
http://104.236.52.122:3006/
Premine address: http://104.236.52.122:3006/address/GQG8 ... 8NqxvVj95Q
Wallets
Source: https://github.com/onetimer/onetimer
Windows wallet:
https://www.dropbox.com/s/eiunujdo2n1nv ... t.zip?dl=0
Mining Configuration:
Create a geocoin.conf file in your %AppData% directory (usually c:\Users\username\AppData\Roaming\GeoCoin )
geocoin.conf
rpcuser=geocoinminerman
rpcpassword=secretgeopassword
rpcallowip=127.0.0.1
rpcallowip=192.168.0.*
daemon=1
server=1
listen=1
rpcport=9749
addnode=104.236.52.122
The rpcuser and rpcpassword will be used in the mining command.
Mining:
The qubit algorithm is minable with CPU or GPU hashing power.
GPU
Any sgminer that supports qubit algorithm such as sph-sgminer_x13mod: https://mega.co.nz/#!3ZojVDpD!V2CfUV0rZ ... ARxrwVgOxM
Example command:
sgminer -k qubitcoin -o 127.0.0.1:9749 -u geocoinminerman -p secretgeopassword -I 16 -g 4 -w 128 --difficulty-multiplier 256
CPU
Any cpuminer that supports qubit such as https://github.com/ig0tik3d/QubitCoin-cpuminer-v.1.1
Example Command:
minerd -a qubit -o 127.0.0.1:9749 -u geocoinminerman -p secretgeopassword
Pools
https://geo.suprnova.cc
https://geo.maxminers.net
https://www.miners-pool.eu/#!/pools/geocoin
http://geocoin.miningpoolhub.com - Mining Pool Hub is N:N multipool, you can mine the most profitable coin and get paid in Geocoin.
Exchanges
https://poloniex.com/exchange#btc_geo
https://bittrex.com/Market/Index?MarketName=BTC-GEO
https://www.cryptopia.co.nz/Exchange/1328
https://yobit.net/en/trade/GEO/BTC
Crypto Services
https://www.cryptonator.com/rates/GEO-BTC
Coinmarketcap:
http://coinmarketcap.com/currencies/geocoin/
Translations
Chinese: https://bitcointalk.org/index.php?topic=973465
Indonesian: https://bitcointalk.org/index.php?topic=1079898.0
