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Whitepaper

A peer-to-peer meme currency — the technical foundation of WojakCoin (WJK).

WojakCoin Whitepaper V1

A Peer-to-Peer Meme Currency

WojakCoin descends from the Bitcoin Core codebase and preserves its consensus model, transaction format, and scripting system. The whitepaper documents how WojakCoin tunes the economic and timing envelope — two-minute blocks, responsive per-block difficulty adjustment, and a community-scale issuance schedule — for a fast, fair-launch currency.

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Version 1MIT License7 pages
Abstract
A purely peer-to-peer version of meme currency would allow online payments to be sent directly from one party to another without passing through a financial institution. WojakCoin proposes a solution to the double-spending problem using the same peer-to-peer architecture pioneered by Bitcoin, hardened with parameters chosen for a fast-moving, community-driven currency — including a two-minute block interval and a responsive difficulty controller that re-evaluates the network hash rate at every block.
Table of Contents
  1. 1.Introduction
  2. 2.Transactions
  3. 3.Timestamp Server
  4. 4.Proof-of-Work
  5. 5.Difficulty Adjustment
  6. 6.Network
  7. 7.Incentive
  8. 8.Reclaiming Disk Space
  9. 9.Simplified Payment Verification
  10. 10.Combining and Splitting Value
  11. 11.Privacy
  12. 12.Calculations
  13. 13.Consensus Parameters
  14. 14.Conclusion