Flashcoin was designed to address vulnerabilities that could occur in a pure proof-of-work system and the effect of Multi-pools on prolong mining period. Additional coins created in Proof-of-work mining increased the inflation rate of crypto currencies which affects the price stability. Flashcoin will have a steady inflation of 10 % per year and all initial coins will be mined within the first 12 hours.
FlashCoin Distribution: 12 hours Mining
Distribution: PoW/PoS
Algorithm: x13
Total coins: 12,000,000
Block Reward:
0-250 Block : zero
250-970 Block: 16,333 FLASH
Block Time: 60 Seconds
Confirmation: 6 blocks
Annual interest: 10%
50 minted block confirmations
Mac: server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcport=35685
[code]Ports RPC: 35685
P2P: 35686
[/code]
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