SolidCoin (SC)SC
An August 2011 Bitcoin code fork by CoinHunter (RealSolid) with 3-minute blocks and fixed fees, whose incompatible 2.0 chain and hostile posts made it a byword of the early altcoin era.
The wiki's angle: SolidCoin's founder called Tenebrix a dead chain and Litecoin a dying copy in October 2011; the record shows which of those predictions aged badly.[4][2]
Contents
Launch
CoinHunter's announcement of 21 August 2011 describes SolidCoin as “based on the cryptocurrency Bitcoin” and says it “officially started on the 20th of August 2011”[1]. It says “Only 940 blocks or 30080 coins were premined for bounties” and lists 3-minute blocks, 32 SolidCoins per block, twice-daily retargets, fixed transaction fees and a maximum of 18.9 million coins by about 2022[1]. The Litecoin Wiki credits SolidCoin to RealSolid on 21.08.2011[2].
SolidCoin 2.0
On 17 September 2011 CoinHunter wrote that in SolidCoin v2.0 “the blockchain format has changed” and that block headers would be hashed so that CPUs were more efficient[3]. On 21 October 2011 he called Tenebrix “now a dead chain” and wrote of “fairbrix/litecoin since they are both also dying and just copied tenebrix”[4].
References
- primaryCoinHunter, “[ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools”, Bitcointalk topic 38453 (21 Aug 2011) [archived]
- secondaryLitecoin Wiki, “History of cryptocurrency” (Wayback Machine copy, 11 Jun 2016)
- primaryCoinHunter, “SolidCoin v2.0 features new hashing algorithm, faster on CPUs”, Bitcointalk topic 44423 (17 Sep 2011) [archived]
- primaryCoinHunter, “SolidCoin 2 - GPU mining and the future”, Bitcointalk topic 49219 (21 Oct 2011) [archived]