Coin Lists

Tribus PoW algorithm – List of all coins that uses Tribus Algorithm

After the recent release of Equihash ASIC; miners are trying to explore new algorithms and coins day by day. They are very particular in finding algorithm that are ASIC resistance and that stays as GPU mineable coin for a long time. Especially algorithms that are hybrid; which makes one difficult to program an ASIC are getting a lot of publicity recently (for example: Ravencoin, Denarius etc).

Every week we make a coin listing based on their algorithm so users can pick one easily and do their research before mining. Likewise this week we decided to post about Tribus – A proof of work algorithm that is ASIC resistant. Even though this algorithm is a year old which was first introduced by Denarius; there are only few coins that uses this so we thought it’s really worth mentioning.

Tribus Proof of Work Algorithm

Denarius – A hybrid cryptocurrency and is the first coin to bring up this completely new algorithm called Tribus. In Latin Tribus meaning tribe or three and this algorithm is based on the combination of three different hashing algorithms. Tribus hashing algorithm features three most secure cryptography algorithms which were featured in NIST5 algorithm and they are JH, Keccak, and Echo.

Tribus algorithm is ASIC resistance that can be mined using CPU and both NVIDIA and AMD GPUs. Also you can rent Tribus hashing algorithm from mining rig rentals. When we say ASIC resistance algorithm we don’t mean there won’t be an ASIC in the future. It is possible, but currently no one is going to put the money and time into building an ASIC for Tribus algo especially when all these coins have low market cap.

Denarius is the first coin to use Tribus. Along with Denarius we’ve listed all the other coins that are powered by Tribus Proof of Work hashing algorithm. Do check them all and do your own research before mining as there are few clone with no new tech behind.

The source for Tribus Python Hashing module can be found on GitHub: https://github.com/exmac/tribus-hash

Miners for Tribus:

CPU Miner: https://github.com/tpruvot/cpuminer-multi/releases

NVIDIA Miner: https://github.com/tpruvot/ccminer/releases

AMD Miner: https://github.com/tpruvot/sph-sgminer-tribus/releases

List of Tribus Coins

  • Denarius (DNR)
  • BZL coin (BZL)
  • Virtus (VRT)
  • Tin Coin (TIN)

Denarius – DNR

Tribus Denarius

Denarius is a hybrid consensus cryptocurrency that introduced Tribus proof of work algorithm which will be available until block 3 million. After which it will switch to Proof of Stake. This coin is based off the original Bitcoin core and it has the following features: Hybrid Masternodes, Atomic Swapping, Multi-Signature Support, Stealth Address, Encrypted Messaging, in wallet trading and fast transactions.

Announcement: Denarius Bitcointalk

Website: https://denarius.io/

Denarius specifications:

Max Coin Supply: 10,000,000 DNR

Block Time: 30 Seconds

Coin Type: PoW / PoS / Masternodes

Current PoW Reward: 2 DNR

Premine: 10%

Algorithm: Tribus

Full Proof of Stake Transition starts at: Block 3,000,000

Masternode Requirements: 5,000 DNR

Masternode Reward: 33% of the current block reward


BZLCOIN – BZL

BZL coin

BZL coin is a Brazilian coin that was announced on October 2017 and it uses Tribus proof of work algorithm. Looks like BZL Coin is a complete clone of Denarius. Except few changes in specifications all features that it has can also be found on Denarius. Fast transaction, stealth address, encrypted messaging etc.

Announcement: BZLCOIN Bitcointalk

Website: http://site.bzlcoin.org/

BZL coin specifications:

Total Number of Coins: 10,850,000 BZL

Ideal Block Time: 30 Seconds

Coin Type: PoW / PoS / Masternodes

Algorithm: Tribus

PoW ends on: Block 1,500,000

Stake Interest: 6% annual static inflation

Minimum Stake Age: 8 hours


Virtus – VRT

Virtus Pay

Virtus is a open source, peer to peer technology and a next generation cryptocurrency that is build from DASH. It uses Tribus algorithm which is both ASIC and NiceHash resistant. Also this project is going to implement a three level masternode system which will be economic to afford and will be rewarding at the same time.

Announcement: Virtus Bitcointalk

Virtus Pay specifications:

Project Name: Virtus Pay

Block Time: 60 Seconds

Coin Type: Proof of Work and Masternodes

Algorithm: Tribus

Masternode Collateral: 25000 VRT

Total Supply: 18.000.000 VRT

Premine: 1.9%

Block Reward: 10 VRT from block 60000

Reward Halving: 15% halving every half-year

MasterNode Rewards: 40% or 4 VRT


Tin Coin – TIN

Tin Coin

Tin coin is a community based cryptocurrency which was launched with 0% pre mine. It features InstantSend, decentralized masternode network and superior transaction anonymity using PrivateSend.

Announcement: Tin Coin Bitcointalk

Tin coin specifications:

Maximum Supply: 35,000,000

Average Block Time:  1 Minute

Coin Type: Proof of Work and Masternodes

Reward Distribution: 50% to Masternodes, 50% to Miners

Algorithm: Tribus

Block Reward: 10 TIN from block 10000+

Difficulty Re-targeting: Every Block

Masternode Collateral: 1,000 TIN


There is one more coin that features Tribus algorithm and it is Vegas Coin (VGC). But looks like this coin turned out to be a SCAM and is currently inactive so there is no point in listing here.

So far we only found 4 coins to be using Tribus. If we ever find out any new coin with this algorithm then we’ll list it here. Even if you found one then please don’t fail to mention it in the comments section.

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coinguides

We are crypto enthusiasts and our main intention with Coin Guides is to educate people about Cryptocurrency and Blockchain technology. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips.

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3 Comments

  1. Aseancoin is an anonymous, untraceable and secure hybrid cryptocurrency.

    Ticker: ACCOIN

    Aseancoin [ACCOIN] is an anonymous, untraceable, energy efficient, Proof-of-Work (New Tribus Algorithm) and Proof-of-Stake cryptocurrency.

    21,000,000,000 ACCOIN will be created in about 39 years during the PoW phase. Aseancoin has a 50% Premine for bounty
    Specifications

    Total number of coins: 21,000,000,000 ACCOIN
    nHeight <= 21,000,000 blocks: 500 ACCOIN/Block
    Ideal block time: 120 seconds
    Stake interest: 5% annual static inflation
    Confirmations: 10 blocks
    Maturity: 30 blocks
    Min stake age: 8 hours

    Technology

    Stealth addresses
    Encrypted Messaging
    Fast 120 Second Block Times
    New Tribus PoW Algorithm
    Tribus PoW/PoS Hybrid
    Full decentralization

  2. Rupee Evolution (RUPEE) has partnered with Denarius, and is using Tribus. RUPEE is helping them build a passive funding model and assist with code development.

    Find us on telegram for information on coin specs and where we’e at in our project!

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