New x13 coin with superblocks! Rewards halve every 10 days for the 60 day POW phase.
MammothCoin (MAMM)Key features:- X13 PoW/PoS
- Anonymous Wallet (to come)
- True random superblocks
- PoW/PoS independent, thus very stable
- Extreme fast transactions (average 45 seconds)- Limited time PoW mining (about 2 months), then will be pure PoS
- Coin required held only 1 day before PoS interests generated
No IPOSpecsPow- 60 sec PoW block time
- diff retarget each block for PoW
- Initial payout will be 200 coins per block
- True randomness, no cheat from big hashpower such as multipools
- Superblocks:
- Every 12 hours there will be a block with 20X normal payment (initial 4000 coins)
- Every 5 days there will be a block with 250X normal payment (initial 50000 coins)
- Block payout will be halved every 10 days
- PoW will be shut down after 60 days (will be pure PoS coin afterwards)
PoS- No coins kept for charity
- 15 sec PoS block time
- diff retarget each block for PoS
- minimum hold for PoS: 24 hours
- maximum hold for PoS (over which coin-day no longer accumulated): 60 days
- Variable PoS payout:
- 1st year: 50%
- 2nd year: 25%
- 3rd year: 13%
- 4th year: 7%
- 5th year: 4%
and subsequent years: 2%
- Total coins (including PoS) will be about 25,000,000.