Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer and transactions take place between users directly, without an intermediary.:4 These transactions are verified by network nodes and recorded in a public distributed ledger called the block chain, which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency.[1] Bitcoin is often called the first cryptocurrency, although prior systems existed and it is more correctly described as the first decentralized digital currency. Bitcoin is the largest of its kind in terms of total market value.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is called mining and miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services. When sending bitcoins, users can pay an optional transaction fee to the miners.

In February 2015, the number of merchants accepting bitcoin for products and services passed 100,000. Instead of 2–3% typically imposed by credit card processors, merchants accepting bitcoins often pay fees in the range from 0 to less than 2%. Despite the fourfold increase in the number of merchants accepting bitcoin in 2014, the cryptocurrency did not have much momentum in retail transactions. The European Banking Authority and other sources:11 have warned that bitcoin users are not protected by refund rights or chargebacks. The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and media. Criminal activities are primarily centered around black markets and theft, though officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services.

InfluxCoin

About Influx
Influx is a X11 algorithm based coin with no pre-mine using a Pow+Pos Hybrid backend and designed specifically for CPU/GPU setups. We have our own network with in Latisys and Level 3 Datacenters solely owned and operated by us which means there is no 3rd parties involved with our hardware and systems. Our goal is to be able to support all blockchains across the INFX network and provide the services needed to help support the blockchain industry. Our API /Payment processor takes 100% INFX to power our hosting platform, which means when you buy services you pay with INFX and only INFX. We have a passion for helping people with their computer needs and truly love being able to interact with the world.


Get involved
If you would like to help support the project and it's current and future developments, please visit our Github repo for all questions or you can reach us on our slack channel.
Slack: http://slack.influxcoin.xyz
Github: https://github.com/influxteam/influx/


Currency Specs 

Coin Type: PoW/PoS Hybrid
Hashing Algorithm: X11 
Time Between Blocks: 4 minutes
Next Block Halving : 240,000
Min/Max Stake in Days 2/60
Pre-mine: No Premine   
Total Coins: 12,000,000
Current Supply: 1.9 Million
Yearly Interest %: 8


influx.conf

server=1
daemon=1
rpc port=9239 
net port=9238


Get Influx:
Windows, Linux, Mac Wallet Downloads https://influxcoin.xyz/get-influx/
Source via GitHub https://github.com/influxteam/influx
Bootstrap http://216.14.113.56/cryptochainer.chains/chains/Influx_blockchain.zip