build a website
Mobirise

     'CACHE' Project
     proof of WORK                  proof of STAKE

Separated difficulty recalculation functions for two types of work
evidence
 Block time proof of WORK - 900 sec  Block time proof of STAKE - 600 sec

Specifications


Scrypt Jane mining algorithm - Nf 19
Two consensuses mechanism - Proof of Work & Proof of Stake
Preferred consensus device - CPU
Total supply - 2000000000
Difficulty adjustment algorithm for two consensuses divided
Algorithm - VALM-Cache (logical analysis, mathematically variable)
Block time  Proof of Work - 15  minutes
Block time Proof of Stake - 10 minutes
Difficulty adjustment - each block according to the results of three intervals
Spam-Hash control function added
Subsidy algorithm modified - proportional to the difficulty (min 40 CACHE, max 80 CACHE)
Block maturity - 520 confirms
Transaction maturity - 6 confirmations
Coin age to Stake - 7 days
Coins per annum - 10%
RPCPort - 2224
Network Port - 2225

Another attempt

   Several ways have been proposed for the project resumption, and i'm gonna tell you about the one, which was selected.

   The main: a reserve fund has been established to promote the project, in the current situation it is necessary.

   Many coins reward size decreases with time, or at least is constant. In the long term, it contributes to the price growth. However, the CACHE reward increases over the years, and I even remember that on Nf14 reward was reduced to 16 CACHE, but now on Nf19, when raising the power of the network requires a lot of effort, the reward is 70-90 CACHE. In addition, here is another drawback; the reward amount is inversely proportional to the network complexity, the more complexity, the less CACHE. It is absolutely not designed to involve a lot of people. The more people mining the less reward, and vice versa. The reward size, in upgraded Wallet is proportional to the network complexity, the more complexity, the more CACHE reward. Also, taking into account the coin age, the change limits in reward have been reduced to minimum – 40, and maximum – 80. On the maximum network power, which I have seen at Nf19, the reward would be 50-60 CACHE. The total amount per day would be 5000-6000 CACHE for all miners, at the current price - this is not enough. We provide a program for mining support for 1-1.5 year. For this support from the project development reserve fund allotted 1000000-1500000 CACHE. It will be distributed through mining on the pool, and the reward for the block will be set manually and amount to 80 CACHE.
If the developed algorithm of complexity recalculation together with Spam-Hash Control will show themselves properly, they will be used in other projects (questions have already been asked), and as a consequence, we could think about adding 'CACHE' Project to other Markets (Exchanges).

   The reserve fund will be used for the project development, it was suggested to hide it, but we decided to make it transparent. There are a number of issues, that we must resolve, before getting rid of the reserve fund:
  • when CACHE would be added to other exchanges
  • when the development goes according to plan
  • when different services would be working
  • when, clearly the reserve fund balance will prevent price increases

Address

Street 
City
Index

Сontacts

Email: official@cachecoin.net
Email: cache.project.official@gmail.com
Phone: +0 000 000 0001
Fax: +0 000 000 0002