What is SURGE?
Surge is a decentralized peer-to-peer crypto-currency.
It’s the next step forward towards bringing changes and awareness to the crypto-currency world and the general public as well as integrating it into various merchants and service providers.
Surge decreases confirmation times making it perfect for day to day use and purchasing of goods/services as well as introduces a promotion system which incetivizes people to spread the word making the coin gain global awareness since a crypto which isn’t used or known about is useless now matter how innovative.
The coin works on a principle of rewarding people for spreading the word, increasing demand of the coin which will further encourage merchants to accept it.
Thus anyone without strong mining software can contribute and humanly ”mine” these coins trough effort.Release date: April 5th, 2014
- PoW Algorithm: Scrypt
- Difficulty Re-target : KGW
- Block Time: 60 seconds
- Initial Block Reward: 50 Coins per block
- First 500 blocks : 0 Coin per block
- Max Supply: 50 Million Coins