Irregular Postings on Coin Collecting & Numismatics - Both Canonical & Conanical

A Scion Society of The Baker Street Irregulars

Numismatists Do Not Fear Change

Tag Archives: Crypto-Currency

SherlockCoin SHC Crypto-Currency

SherlockCoin SHC Crypto-Currency

Sherlock Coin cryotocurrencyIn early 2014, a Sherlock Holmes themed digital currency was introduced, with a possible 221 coins to be mined.

Crytpo-Currency is an alternative monetary exchange, in a digital format and operates using cryptography to secure the transactions. Two features that are typical in crypto-currency is decentralized control and that transactions are publicly recorded in a ledger.  You may have heard of BitCoin, which is a crypto-currency.  For those interested in learning more about crypto-currency, you can find more information here.

As this is a digital currency / coin, there is no physical coin or banknote.  This post is basically to document this Holmes-themed virtual currency for posterity in the Sherlockian and numismatic circles.

I am not that familiar with how crypto-currencies work and after a few hours of research, that has not changed.  I now know how my parents felt when I asked for their assistance with my math homework to learn the metric system back in 7th grade.  Most of what follows is from websites and message boards that actively follow crypto-currencies.  There are many references in the following material to other websites. If the web address is struck-through in this post, it was no longer active when this post was posted in early 2015.

A message thread on CrytpoCoinTalk was started on February 8, 2014 by Soopy452000, who is listed as the developer of the Sherlock Coin.  The initial post is as follows:

SHERLOCKCOIN SHC

Sherlock Holmes, as you may know is the best detective and genius of all time.  As a tribute to the great works of Sir Arthur Conan Doyle and to the man himself, Mr Holmes. This coin is solely based on character of Sherlock Holmes and the ingenuity shown whilst solving mysteries, the same ingenuity can be seen in this coin. I am dedicating this coin to all the enthusiasts of Sherlock Holmes, I believe and have faith that this coin will make it through and will be a success, This will be something to hold on to and cherish. (Proof Read , Courtesy of Ratters)

 As you probably know by now that the board get’s spammed uncontrollably by ALT-Coins releases everyday , some might survive some might not I want SHC to be treasured not at all a pump and dump coin but a coin to cherish the name of Sherlock Holmes and for the enthusiasts to treasure it and if you want to spread it around.

Website http://www.sherlockcoin.org/

Block Explorer / Crawler http://cryptexplorer…in/SherlockCoin

Contact None Available.

SPECIFICATIONS

  • Scrypt Algo
  • 221 coins Max
  • 221 second block time
  • Kimoto Gravity Well Implemented (KIMOTO GRAVITY WELL © Courtesy of inventing Dr. Kimoto!)
  • Difficulty re-target every 10 minutes
  • 30 Confirmations for Mined Blocks
  • Fast Transaction Confirmations (3 Confirmations)
  • 0.00000010 Block reward for the first 419 blocks
  • Blocks 420+ are 0.0000221 block reward
  • Random Block Rewards/Super Blocks! Smiley
  • Block 212 is a Special Block with More Rewards than the normal block value (0.000221 Coins)
  • Tx fees are 0.00000001

BONUS BLOCK REWARDS

  • At Block 2 Reward = 0.000221
  • At Block 21 Reward = 0.000221
  • At Block 42 Reward = 0.000221
  • At Block 122 Reward = 0.00221
  • At Block 144 Reward = 0.000221
  • At Block 166 Reward = 0.00221
  • At Block 188 Reward = 0.000221
  • At Block 199 Reward = 0.00221
  • At Block 202 Reward = 0.000221
  • At Block 212 Reward = 0.000221
  • At Block 221 Reward = 0.00221
  • At Block 242 Reward = 0.000221
  • At Block 284 Reward = 0.00221
  • At Block 302 Reward = 0.000221
  • At Block 312 Reward = 0.00221
  • At Block 322 Reward = 0.000221
  • Updates to Follow 

PREMINE

0.01% (0.221 coins) Premine for Testing/Bounty and Giveaway Purposes.

DOWNLOADS

Windows http://www.mediafire…dows_Wallet.zip

MacOS

Linux http://www.mediafire…inux_Wallet.zip

Source Code https://github.com/s…in/sherlockcoin

Sample sherlockcoin.conf

rpcuser=username
rpcpassword=password
rpcallowip=localhost
rpcport=55883
port=55884
gen=0
server=1
addnode=seednode1.sherlockcoin.org
addnode=sherlockcoin.no-ip.biz

PORTS

  • RPC Port:  55883
  • P2P Port:  55884

POOLS

http://shc.bondni.com/

http://pools.animusgs.co.in/shc

http://shc.altcoinpool.org/

EXCHANGES

https://www.bittrex….ketName=BTC-SHC

https://www.bittrex….ketName=LTC-SHC

https://www.allcrypt.com/market?id=639

https://xnigma.com/markets/view/48

SOCIAL

Twitter https://twitter.com/SherlockCoin

Facebook https://www.facebook.com/sherlock.coin

Reddit http://www.reddit.com/r/SherlockCoin/

SERVICES / OTHER None Available.

The Twitter feed is still recently active with mostly tweets of other crypto-currency accounts being retweeted.  The last original tweet by @SherlockCoin was in July 2014.  The Facebook page has had no activity since being created.

In reviewing the buying and selling of this virtual coin on the market exchanges, it appears that none have traded since April 2014.

If anyone can add to the conversation on this topic, we welcome your comments!