Dear ACX users,
ACX is happy to announce that LOG has been listed. LOG/BTC trading pair has also opened at the same time.
Woodcoin is a cryptocurrency very much like bitcoin. However the design of bitcoin explicitly models a non-renewable resource: gold. For woodcoin we more closely model a sustainable resource. In particular woodcoin avoids the time asymmetries of the bitcoin release model, maximizing the incentive to participate and the longevity of the coin at the same time. Our solution is logarithmic growth of the money supply. In addition, we outline the design considerations behind two other changes to the core protocol: mining with the Skein hash function and securing digital ownership with the X9_prime256v1 curve using ECDSA.
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LOG Official website: https://woodcoin.org/