Single Productive African Coin
SPAC the first African coin to emerg in Crypto currency world
We not only raise funds, but also create our ICO to create an ecosystem around our coin and run SPAC as a decentralized platform!
This coin was created in order to unite the countries of Africa into one crypto-currency
system that will ensure the stable growth and development of each country not only
individually, but also as part of a huge community uniting the whole continent!
Specification:
Algorithm: scrypt
Total coin supply:500 000 000
Pre-mine:50 000 000 SPAC ~ 10%
Coinbase maturity:120 Blocks
Confirmations:10 Blocks
PoS interest:20%
Minimum age of coin: 6 hours
RPC port: 38038
P2P port: 38037
All nodes are built into the wallet code!
Staking Reward
Staking is the process of adding transaction records to SPACCoin's public ledger of past transactions.
SPACCoin nodes use the block chain to distinguish legitimate SPACCoin
transactions from attempts to re-spend coins that have already been spent elsewhere.
Wallet Encryption
SPACCoin wallet store SPACCoin as well as a physical wallet.
The users of SPACCoin wallet only accept transactions for that block chain, making it the
SPAC block chain that everyone else wants to use.
When a wallet is encrypted, the passphrase is required to top up the keypool, thus,
if the passphrase is rarely entered, it is possible that keypool might run out.
Open Source Software
SPACCoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify,
and copy the software and to distribute, at your option, modified copies of the software.
The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Blockchain
SPACCoin blockchain is essentially just a record, or ledger — one that’s distributed, or shared between many different parties.
The SPACCoin blockchain contains a verifiable record of every transaction ever made. It can only be updated through consensus of a majority of the participants in the system.
Once entered, information can never be erased.
It creates a true record of events, past and present.
Contacts & Social:
Important!!! I'm not a coin developer!
I just posted a topic at the request of the developer SPAC Coin!!
Send all questions about coins to the above contacts!
