Klondike Coin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Klondike Coin provides faster transaction confirmations (1 minute on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm created by the Litecoin Developers to target the regular computers and GPUs most people already have. The Klondike Coin network is scheduled to produce just under 20 million coins.