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Tuxcoin (TUX) is a cryptocurrency designed to support Open-Source Software (OSS) projects. It operates on a Proof-of-Work system using the Allium algorithm, which consumes low power. Tuxcoin enables the community to donate to chosen OSS projects, with the project teams having full control over the received cryptocurrency. These donations catalyze the growth and adoption of OSS, which plays a vital role in shaping our digital future. The Tuxcoin Development Team pledges to donate to five projects monthly, all supported by the community.
The technical details of Tuxcoin include an Allium algorithm that ensures robust security. The block time is 60 seconds, and the block reward is 69 TUX coins. Difficulty retargeting occurs with every block using the DGW method, and the halving of block rewards happens every 420,690 blocks. The maximum supply of Tuxcoin is capped at 58 million coins. The blockchain development is complete, while the integration of the OSS community stands at 90% completion. The wallet download and exchange listing is available to interested users.
To begin mining Tuxcoin, users can download the wallet corresponding to their operating system, available on the project’s Github repository. It is essential to protect the wallet and never disclose private keys. Mining Tuxcoin can be achieved with either a GPU or CPU, and the necessary mining software can be found on specified Github repositories. Users can modify existing batch files or create their own to start mining. Various pools support Tuxcoin, users can join one by following the directions on their respective websites. Tuxcoin can also be purchased from the exchange-assets.com platform for those who prefer not to mine.
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