Abstract. We present a “best of all worlds” cryptocurrency targeting the existing mining community whilst offering practical, everyday features to benefit miners and users alike. Features are cherry-picked from existing currencies and implemented with optimised parameters to provide a cheap, fast and stable, general-use blockchain. The IFO model is used to realise initial monetary distribution, using a popular, mature and well-maintained currency to provide the donor ledger, in order to encourage user uptake and provide for liquidity in the marketplace. Some best practices regarding the IFO model are considered and explored.
Keywords. electronic currencies, cryptocurrency, blockchain, peer-to-peer, IFO
Litecoin Cash