• Allahcoin

    peer-to-peer islamic currency

    Allahcoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Allahcoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Allahcoin network is scheduled to produce 84 million currency units.

    One of the aims of Allahcoin was to provide a mining algorithm that could help financing the muslim brotherhood foundation. For each Allacoin unit produced 10% will be donated to the muslim brotherhood foundation to preach Islam, teach the illiterate, set up hospitals and promote sharia law worldwide.

  • Allahcoin

    peer-to-peer islamic currency

    Allahcoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Allahcoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Allahcoin network is scheduled to produce 84 million currency units.

    One of the aims of Allahcoin was to provide a mining algorithm that could help financing the muslim brotherhood foundation. For each Allacoin unit produced 10% will be donated to the muslim brotherhood foundation to preach Islam, teach the illiterate, set up hospitals and promote sharia law worldwide.

  • Allahcoin

    peer-to-peer islamic currency

    Allahcoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Allahcoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Allahcoin network is scheduled to produce 84 million currency units.

    One of the aims of Allahcoin was to provide a mining algorithm that could help financing the muslim brotherhood foundation. For each Allacoin unit produced 10% will be donated to the muslim brotherhood foundation to preach Islam, teach the illiterate, set up hospitals and promote sharia law worldwide.

Windows

For Windows

Allahcoin-Qt 0.1
  • GPG Signature
Download
Linux

For Linux

Allahcoin-Qt 0.1
  • GPG Signature
Download
Mac

For Mac

Allahcoin-Qt 0.1
  • GPG Signature
Download
Github

Code on Github

Allahcoin-Qt source code
  • GPG Public Key
Download

Resources

Find general information as well as a list of services and exchanges that support Allahcoin at the Allahcoin Wiki.

Up-to-date network statistics can be found at Allahcoin Block Explorer Charts.

Source code for Allahcoin-Qt and related projects are available on GitHub.

Free, open-source

Allahcoin is a free software project released under the MIT/X11 license which gives you the power to run, modify, copy and distribute it at your option.

The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Blockchain

The Allahcoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.

As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.

Wallet Encryption

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Allahcoin.

This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.

Mining Reward

Miners are currently awarded with 50 new Allahcoin per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). 10% of the gain will be donated to the muslim brotherhood foundation.

The Allahcoin network is therefore scheduled to produce 84 million Allahcoin, which is 4 times as many currency units as Bitcoin.