← Modcoin NetworkModcoin MOD

Modcoin mainnet

Launch status: pending engineering and infrastructure. No mainnet genesis, live circulating supply, public bootstrap peers, or funded DEM are published. The downloadable node is an experimental testnet.

RequirementCurrent evidenceRemaining work
ConsensusGo prototype; SHA-256d and Scrypt; fixed trivial work targetsIntegrate selected upstream rules and all chosen algorithms, specify and review difficulty adjustment.
Fork choice and settlementLocal two-block lock can permanently split peers after partitionsDefine and analyze a common fork-choice and settlement rule with an explicit single-engine compromise threat model.
Monetary policyPrototype enforces two 21M issuance poolsFreeze scheduling, emission, precision, fee, maturity and genesis rules. Current alternation and subsidy remain development assumptions.
Wallet securityUnencrypted Ed25519 test keys; v0.3 rebuilt on AFPbootnetImplement reviewed storage, recovery and transaction signing; build and validate final releases.
InfrastructureAFPbootnet connected; no production public peers provisionedProvision persistent bootstrap nodes, monitoring and explorer indexing. Static website hosting does not run blockchain peers.
DEM and $MONEYDesign and UI scaffolds onlyImplement verified settlement and redemption/collateral rules and establish the operational structure for any fiat product.

Read the AFPbootnet finality check and build addendum

Progress is measured against the objective: compromise of one mining engine alone should not be sufficient to rewrite settled MOD history. That property is currently unestablished.

Read the design paper · Download current testnet and source · Machine-readable launch status