What is ProCoin?
ProCoin is the fun, easy-to-use cryptocurrency designed for business, charitable giving, and for just plain having a good time. Anyone can benefit from using ProCoin to take payments. ProCoin uses its own fast network to make buying and selling easy. There’s no application, monthly fees, or network costs! ProCoin is completely free to use.Release date: March 11th, 2014
- PoW Algorithm = Scrypt
- Max Coins = 1,000,000,000
- Block Time = 60 Seconds
- Block Reward = Starts at 1,000, and reduces by 5% every 30 days (one period). At the start of period 75 maximum reward per month stays at 1 million indefinitely (23 coins per block).
- Difficulty Retarget = Every half hour (30 blocks)
- Premine = 2% in public ledger and all going to the ProCoin community