Is it PoS? How are you going to keep the blockchain running if there is no incentive to have nodes up? Don't you have any more info? Website? Github? Wallet?
Very strange ANN but some times the strangest announcement hide some secret, maybe it will be updated with something that makes it way more interesting, or maybe it is just another ICO with no real product
Who knows...
PAYWAY COIN (PYY)
Hey Folks! Get ready for new crypto of this cryptocurrency universe!
Coin Name - Payway Coin
Short code - PYY
Coin Algorithm - X11
Coin Difficulty Retargetting Algorithm - Kimoto Gravity Well
Coin Pre-mine - 160 Million
Coin Max Supply -160 Million
Coin Block Time - 5 minutes
Max Block Size - 8 MB (Equal to Bitcoin Cash)
Soft Block Size - 2 MB
Thanks