The Cryptocurrency for the precious metals market. The rarer something is, the more value it tends to have. Thus the low 1 million coin initial distribution and interest rate that will take approx 15 years to double the total amount of coins.
Launch Date : 10:00PM GMT May 21, 2014!
Specifications
Algorithm: Scrypt
Difficulty Retargets Every Block
Block Time: 20 Seconds
Transaction Confirmations: 3
Confirmations until Block Maturity: 50
Total Coins: Approximately 1,200,000
Premine: 12,500 Coins
Block Rewards:
Block 1 = *Pre-mine 12,500* (5,000 for Dev Support, 7,500 for Bounties)
Block 2 - 4320 = 66.6 RHO
Block 4321 - 30240 = 33.3 RHO
Nominal Stake Interest: 4.5% Annually
First 3 days after end of Proof-of-Work will grant Nominal Stake Interest at 9% Daily!
Bounties:
Compiled Windows Wallet: 750 RHO
Compiled Mac Wallet: 750 RHO
New Logo Design: 500 RHO
Blockchain Explorer: 500 RHO
Source :
https://github.com/rhodiumcoin/rhodiumcoin.git