About

Nengcoin is a scrypt coin, with a randomSpike algo; minable on Android / CPU / GPU / ASIC.

Symbol: NENG

Nengcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize mining across CPUs, GPUs, ASICs, and Android phones.


Mining Algorithm: Scrypt with RandomSpike. RandomSpike is the 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt.

  • 1 minute block targets
  • Base difficulty reset: every 1440 blocks
  • Subsidy halves every 2.1M blocks (~2 to 4 years)
  • 84,000,000,000 total maximum NENG
  • 10,000 NENG per block currently
  • Pre-mine: 1% – reserved for development fund
  • ICO: None
  • RPC Port: 6376
  • Port: 6377

Nengcoin has a supply of 84 billion maximum NENG. This limited though healthy supply ensures that NENG is suitable for retail transactions and daily use, and is also great for being used as a store of value.

The inflation schedule of Nengcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long-term stores of value. The Litecoin-like NENG inflation schedule will make Nengcoin ideal for long-term investment as the supply is limited and capped at a fixed number.

The Nengcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because Nengcoin is very much an exact clone of Bitcoin with mining feature changes via DynDiff algorithm. It’s suitable as a lite version of Bitcoin for desktop mining, full node running, and Bitcoin programming using bitcoin-json APIs.

The Nengcoin (NENG) mining algorithm was designed to decentralize scrypt mining. Although NENG is often profitable on ASIC rigs, it’s also very suitable for Bitcoin/Litecoin/Dogecoin enthusiasts who want to mine quietly at home using CPU/GPU or a low-cost ASIC like the FutureBit Moonlander 2 or Apollo Pod.


Decentralization and Community Driven
Nengcoin is a decentralized coin like Bitcoin. No one person or developer owns NENG.

We expect the NENG community to eventually take over the coin with independently elected board members. The development team does not intend to make sole decisions for this coin. Instead, the community will shape the coin’s direction while we provide technical support and listing via ShorelineCrypto Exchange.

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