The newest alt coin - AlphaCoin has arrived! Alphacoin is a clone from Litecoin, using scrypt.

Specifications:
- 30 seconds block target
- 4 confirms per transaction. So every transaction will be confirmed in 2 mins.
- Difficulty retargets every 30 mins, that is every 60 blocks. Also using accelerated retargets at the beginning to completely avoid instamining.
- Total 210,182,000 coins.
- To encorage early adoption the coins per block is high for the first 3 days (block time):
- 1st day: 500 coins per block
- 2nd day: 200 coins per block
- 3rd day: 100 coins per block
- Starting 4th day, it will be 50 coins per block, will be halved every two years (or 2073600 blocks).
- First 1000 blocks of 1000 coins each are premined. This
is used for bounty of various needs. Also the 1000 blocks
are used for checkpoints.
- connection port is 9538, RPC-port 9539
- Scrypt