NicNacCoin (NNC)
is a digital cryptocurrency that operates on a community-based standard of value using peer-to-peer (P2P) networking as the means of conducting transactions.
NicNacCoin (NNC)
is also open-source; its architecture is public, nobody owns or controls NicNacCoin and anybody can take
Get (NNC)Mining Pool
CPU & GPU Mining
ASIC Resistant
Multiple mining software available
CPUMiner Cloud Computing, VPS, Dedicated Server Pool Mining
AMD & NVidia Hardware compatible.
The power of numbers in mining pool.
CPU Pool mining
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“Flexible design, incredible features, and prompt transactions make this an outstanding payment system. Well done NicNacCoin Architects!”
You can do it all with NicNacCoin (NNC)
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Untraceable Payments
CryptoNote provides users with a completely anonymous payment scheme. CryptoNote implements the ring signature technology which allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other
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Unlinkable transactions
Even if outgoing transactions are untraceable, everyone may still be able to see the payments you have received and thus determine your income. However, by using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments.
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Double-spending proof
Nobody is able to spend the same money twice — even if all his signatures are anonymous. Every signature contains a key image — a kind of fingerprint of the secret key. It is based on a one-way cryptographic function; this implies that given only the key image it is impossible to restore the corresponding secret key. These key images are used to prevent double-spending.
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Egalitarian proof of work
The proof of work mechanism acts as a voting system. Thus, it is crucial that during the voting process all the participants have equal voting privileges. CryptoNote brings this equality with its egalitarian proof of work, utilizing built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices, but perfectly suitable for ordinary PCs.
CryptoNote Standards.
CryptoNote Standards are the specification of the CryptoNote protocol as a peer-to-peer anonymous payment system. It describes technical details of CryptoNote whitepaper implementation.
NicNacCoin specifications
Money Supply
44,674,407.3709551615
Untraceable Payment - CryptoNote provides users with a completely anonymous payment scheme. CryptoNote implements the ring signature technology which allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other.
Ticker
NNC
Unlinkable Transactions - Even if outgoing transactions are untraceable, everyone may still be able to see the payments you have received and thus determine your income. However, by using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments.
Coin decimal point
10
Double-Spending proof - Nobody is able to spend the same money twice — even if all his signatures are anonymous. Every signature contains a key image — a kind of fingerprint of the secret key. It is based on a one-way cryptographic function; this implies that given only the key image it is impossible to restore the corresponding secret key. These key images are used to prevent double-spending.
Emission speed factor
16
Blockchain analysis resistant - Non-repeating one-time addresses and mixed keys in ring signatures make the whole blockchain resistant to analysis. Each future transaction will only increase the entropy and create additional obstacles for an analyst.
DIFFICULTY TARGET
60
Egalitarian Proof Of Work - The proof of work mechanism acts as a voting system. Thus, it is crucial that during the voting process all the participants have equal voting privileges. CryptoNote brings this equality with its egalitarian proof of work, utilizing built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices, but perfectly suitable for ordinary PCs.
Port
p2p port = 31739
rpc port = 31740
Adaptive Parameters - A decentralized payment system must not depend on a single person's decisions, even if this person is a developer. CryptoNote has no hard-coded constants; magic numbers in the code are designed to be re-calculated based on the previous state of the network. Thus, they always change adaptively and independently, allowing the network to develop on its own.