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Infinium-8 (INF8) is a new privacy-centric coin using the CryptoNote protocol.
Infinium-8 was launched 7/18/2014 12:00 UTC
Specifications
PoW algorithm: CryptoNight [1]
Max supply: Infinite
Block reward: increasing with difficulty growth [2]
Block time: 90 seconds
Difficulty: Retargets at every block
[1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates.
[2] Infinium-8 s the cryptocoin with block reward inincreasing together with difficulty.
Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice.
Block_reward = log2(difficulty) * 2^40(difficulty)
Discussion: https://bitcointalk.org/index.php?topic=698727.0
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