Massive beneficial changes coming in the next few days
My advice to everyone is stake as much or buy as much as possible we have a swap on the way.
I have also setup an IRC channel should any of you do IRC
http://kiwiirc.com/client/irc.kiwiirc.com/#insane_coinIt has really taken off this week behind the scenes and all is looking great for the future !
By any chance is the insane tech wallet on the way?
Will the swap process be automated or manual? Thank you.
We are just concentrating on getting this new version released and swapped, lots of tech etc etc will come after, the new specs will be:
Insane is independent of trump. It is a new compile, with a different genesis block, merkel hash root, nonce, unix start time, ports, pchMessages, base58 address which begins with the letter "i" for insane. It is a new chain and can not intermingle with its predecessor. It retains similar characteristics (see below). One difference is to allow mining up to 14,000 blocks, to give an opportunity for people to mine it (it also helps the chain stay secure during the 4 week SWAP period).
- Algorithm: X11
- Ticker: INSANE
- INSANE count: 22,000,000
- Reward system: PoS with initial 14,000 PoW blocks to mine
- Interest: 2 per cent, with staking from block 0
- 50 coins reward per block till 14,000
- Block times averaging 8 minutes
- Minimum Stake Age is 12 hours
- Maximised Stake Age is 120 hours