|Original author(s)||Jason Arrowsmith|
|Initial release||0.16.3.0 / 12 November 2018|
|Latest release||0.17.4.0 / 24 January 2019|
|Operating system||Windows, OS X, Linux, Android|
|Developer(s)||Australia Cash Core Development Team|
|Source model||Open source|
|Block reward||50 AUS (approximately till 2022), halved approximately every four years|
|Block time||2.5 minutes|
|Circulating supply||2,523,113 LTC (19 November 2018)|
Australia Cash (AUS or AUSCASH) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.
Blockchain The AustraliaCash blockchain is capable of high transaction speeds and short block generation times which help the network to support many transactions, large or small.
Wallet Security Wallet encryption secures your wallet via password. The wallet.dat file can also be stored offline on a usb device.
Proof of Work 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, meaning processing time by a computer.
Algorithm AustraliaCash uses the Scrypt Algorithm to secure the blockchain. The algorithm was specifically designed to make it costly to perform large-scale custom hardware attacks by requiring large amounts of memory.
See also[edit | edit source]
References[edit | edit source]
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