Seed coin (SDC) - Abandoned or No Volume | Coinopsy
Seed coin (SDC) - Dead Coins

Seed coin (SDC)

Seed coin was founded in 2013, it is not trading on any exchanges. Seed coin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2013, Ended 2015.
  • Social media ended 2015.
  • Trading ticker (SDC).
  • 1,300,000,000 Coins total.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Abandoned coin, Website down and no social media.

Links

https://web.archive.org/web/20131025235213/http://www.seedcoin.org/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

Seedcoin (SDC) is a physically backed digital currency first described in this 2013 html doc by pseudonymous developer Spin "T", who called it a non GMO seed backed anonymous, peer-to-peer, electronic payments system. Seedcoin creation and transfer is based on an open source encryption protocol and is not managed by any central authority. The creation of new Seedcoins is automated and may be accomplished by servers, called Seed sowers that run on an internet-based network and confirm Seedcoin transactions by adding codes to a decentralized log, which is updated and archived periodically. Each seedcoin is subdivided into 30 million smaller units called seedlets, defined by two decimal places.

Seedcoins can be transferred through a computer or smartphone without an intermediate financial institution. Interested parties can authenticate the ownership of Seedcoin balances by using dedicated servers (the SeedSowers) to authenticate the seedcoin transaction log using a public-key encryption scheme. Each 8-minute portion or "block" of the transaction log also allows for a predetermined number of new seedcoins to be awarded to sowers based on computational data added to the log and confirmed by other sowers. The creation of a new seedcoin is thus a special case of a transaction in which the new seedcoin deemed issued in exchange for solving a computationally intensive encryption problem. The number of newly created seedcoins per period depends on how long the network has been running. Currently, 800 new seedcoins will generated with every 2.5-minute block. This will be halved every 1.6Million blocks until a hard limit of 1.3 Billion seedcoins SDC are reached.

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