020LondonCoin, formerly known as o2o, has been re-branded for London England as “020LondonCoin”.
o2o had originally started out a novelty-coin by its developer for, “online-to-offline” functionality.
As the coin was nearing deaths’ door; a group of people came together to form a dedicated team, that breathed new life into o2o.
Now, with future plans in mind, the team is striving to develop a strong community with a secure&reliable usability of 020LondonCoin; as a means to better the e-commerce inside of London and around the globe.
Advantages:
International, we can purchase all O2O services with O2O coins.
Fast, the configuration only needs 1 minute.* (Blockchain download will take longer)
Dedicated development team and investors looking to see this coin succeed!
Old coin/New life, NOT A NEW COIN!
======Introduction======
[O2O] 020Londoncoin
Quark, CPU/GPU-only, Large amount,
Working on integration with London's markets
=========how specification=============
Algorithm: Quark
Type: POW (in the process of integrating POS into the coin for when it finishes POW)
Target of maintaining approximately 140 Billion 020London coins in first year and 200 Billion 020London coins in circulation.
Block Time: 60 Seconds however due to the difficulty this may vary slightly (Something that is being worked on since rebranding)
Difficulty Retarget Time: 2 hours
Premine: 1.5% (for server cost, developing bountray and giveaway coins)
As a takeover and rebrand there is no premine on our end as we are reviving a coin... Initially the coin had a 1.5% Premine by the original developers.
RPC port: 21720
P2P port: 21721
=========
Block reward strategy:
Block 1 - 72000: 1000000 O2Ocoin Reward
Block 72001 - 144000: 500000 O2Ocoin Reward
Block 144001 - 216000: 250000 O2Ocoin Reward
Block 216001 - 288000: 125000 O2Ocoin Reward
Block 288001 - 360000: 62500 O2Ocoin Reward
Block 360001 - 432000: 31250 O2Ocoin Reward
Block 432001 - 504000: 15625 O2Ocoin Reward
Block 504001+: 10000 020Londoncoin Reward - This is the current block reward now. Halving is completed.
=======website==========
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