What is Blackcoin?
BlackCoin is pure Proof of Stake coin, except stage of initial distribution, when it’s mixed PoW and PoS coin. Recent bitcoin patches against transaction malleability are integrated. Problem is not solved, but harder to exploit.
Release date: March 24th, 2014
- Scrypt Algo
- Block time: 1 minute
- Difficulty retarget: every block
- Nominal stake interest: 1% annually
- Min transaction fee: 0.0001 BC
- Fees are paid to miners
- Confirmations: 10, maturity: 500
- Min stake age: 8 hours, no max age
- Block reward: 10000 BC, no halving
- Max height: 10000 (after this network will not accept PoW)