What is Greececoin?
Greececoin is arriving soon to provide a new innovative crypto currency for citizens and businesses of Greece. This new currency will bring confidence and belief back to the people of Greece so that they can continue to prosper in our so ever changing world. In the year of 2008 when the global recession occurred, Greece was one of the worst hit countries and it was believed to have been caused by a combination of structural weaknesses of the Greek economy along with a decade long pre-existence of overly high structural deficits and debt-to-GDP levels on public accounts.
There have been many rescue packages given to Greece from the European Financial Stability Facility accounting for over 1 Trillion euros but we feel Greece deserves something new and which will take Greece forward and give power back to the people and businesses of Greece.
A new open source peer to peer crypto currency which is not owned by Banks or governments but only citizens and businesses of Greece.Release date: March 15th, 2014
- Scrypt Algorithm
- Total Supply: 32,000,000 Million
- Block Target: 2 mintues
- Block Reward: 32 coins
- Difficulty retarget: KGW (every block)
- Block Reward halving every 250,000 blocks