Argentum uses two cryptographic algorithms; Scrypt and SHA256D with AUXPOW support (Merged Mining)
- Block size 10mb
- Signature operations per block; 1,000,000
- 3 Argentums per block
Blocks are discovered every 45 seconds and transactions are fully confirmed every 4.5 minutes. 64 Million total Argentums will be mined. Once this limit is reached, it is increased by 1.1% annually, the rate of human population growth.
Mined blocks mature after 30 confirms: Argentum is a fast currency but it does not compromise the safety of the blockchain in the process.
-Minimum transaction fee and minimum relay transaction fee from 0.00500000 to 0.00050000
-Bring the dust limit in line with Bitcoin and most cryptocurrencies. With a relay transaction fee of 0.00050000 the dust limit should be 0.00027300; anything less than that and the transaction will be rejected.
-Change the dust soft limit to 0.00050000. Any amount of ARG less than 0.00050000 will incur an additional fee of 0.00050000.
-Add checkpoint block
-Change minimum peer version to 2.4.1
- Change protocol version
- Disconnect obsolete peers
Version 2.4.0 (September 18, 2016) will fork at block 2,032,000&amp;amp;nbsp;
- Changes max sequential blocks found per algorithm from 3 to 6
Argentum was created mid 2013 with the following criteria:
Argentum is fast, unique, and secure. We have learned from many of the past crypto-currencies and created one that can rival any. Argentum brings innovation and experimentation by combining interesting aspects of other crypto-currencies and adding unique features.
Argentum is designed to gain value over time and to be a rare commodity that is easily and quickly transferable. The innovation doesn't end there, Argentum is the first crypto-currency to increase transaction processing capabilities over those of bitcoin. With the Bank of Argentum, the ARG/DGC exchange, and other commodity related services on the way, there is a bright future for this coin.
Argentum is secure, rare, and unique. The combination of all its characteristics provide a:
1. Longterm stable investment
2. Growth potential based on services
3. Diversification into less risky crypto-currency
4. Secure quasi-instantaneous transaction processing
Taken from the most active ARG BitcoinTalk threads here: removed for forum rules
The original info is mostly defunct on those threads, hence this new ANN
Also in the very earliest original launch thread from the original developer AlphaC, there would seem to have been some kind of pre-mine which was used to pay for services rendered to Baritus. So for clarity I will state that there was a historical pre-mine at the beginning of what seems to have been around 200,000 ARG.
This pre-mine now will no longer matter as there would seem to be in the regions of over 3.5 million ARG locked in accounts that may be lost to the original holders.
We will move on from the past in a New Beginning for Argentum, eventually cutting ties with the original incarnation.
Current short term goals:
-More pools, lots of pools. Hashrate is good, but we need wider distribution.
-Electrum Client & Server (Released)
-Coinomi Mobile wallet (awaiting merge at Coinomi's repo) Hoping Jaxx Wallet will adopt us.
Mid to long term:
Current release (v2.4.4):
Please feel free to contribute to any project. We're happy to have you contribute!
Wallet Source: https://github.com/argentumproject/argentum
Argentum Project: https://github.com/argentumproject/
Windows QT Wallet: https://github.com/argentumproject/argentum/releases/tag/v2.4.4
Electrum server https://github.com/argentumproject/electrum-arg-server
Electrum client https://github.com/argentumproject/electrum-arg/releases
Mac QT Wallet: WIP
#ARGCurrency on FreeNode: https://webchat.freenode.net/?channels=#ARGCurrency
Windows QT Wallet: https://github.com/argentumproject/argentum/releases/tag/2.4.2
Jaxx Wallet: Let them know you would like to see Argentum on their platform! https://www.twitter.com/jaxx_io
Litecoinpool.org (AUXPOW with payout in LTC only): https://www.litecoinpool.org