HOdlcoin
HOdlcoin is like Bitcoin, but the blockchain pays interest on every balance. This favors HOdlers over traders.
Very high interest rates (currently 2000%+ APR) are paid in the first year to attract Hodlers to the project.
Specifications
Ticker: HODL
Symbol: Ħ
Block Time: 154 seconds
Subsidy: 50 HODL subsidy per block
Halving: Every 4 years
Mining Supply:Total of 81,962,100 HODL will be mined
Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
Port: 1989
RPC Port: 11989
Testnet Port: 8989
Proof of Work: 1GB AES Pattern Search POW
Codebase: Bitcoin 0.11.2
Proof of Work1GB AES Pattern Search POW. Pattern Search involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight(Monero,Bytecoin), Ethash(Ethereum). CPU/GPU friendly.
Term Deposits
HOdlcoin pays bonus interest if you lock an amount as a term deposit. The longer the deposit, the bigger bonus. The bonus is a multiplier of the interest. You can use this formula to calculate the bonus.
=(1-((409530-X)/409530)^6)*100
(X is the number of blocks to lock for, min 2 days, max 1 year)
Here are some approximate rates –
Term deposit Rates
1 week term deposit ~ 5.6% bonus on interest
1 month term deposit ~ 22% bonus on interest
3 month term deposit ~ 55% bonus on interest
6 month term deposit ~ 82% bonus on interest
1 year term deposit ~ 98% bonus on interest
FAQ
Q: What is the official animal of HOdlcoin?
The squirrel is the official animal of HOdlcoin. The squirrel is the animal kingdom’s natural HOdler.Q: What is the official song of HOdlcoin?
“HODL California” is the official song of HOdlcoin. You can check-out any time you like, but you can never leave.Q: How do I correctly capitalize HOdlcoin?
HOdlcoin.Q: How do I correctly say HODL?
HODL. It rhymes with Yodel. Yodeling is also the official musical style of HOdlcoin.Q: What is the smallest unit of HODL?
The nut. There are 100,000,000 nuts in one HODL.Q: Why do you HODL?
because we suck at trading and we know we suck at trading
if you can pit pat piffy wing wong wang make a milino bucks no problem bro then you don’t need to hodl
