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universitycoin

UVC

UniversityCoin

Algorithm:

What is UniversityCoin?

UniversityCoin is a brand new cryptocurrency that specifically designed for university students. It allows students using it to exchange textbooks, pay the restaurants delivery, play gambling games for exam average mark, and even pay the tuition. As you know, university students are the group of people that are most willing to adopt new technology, such as cryptocurrency, UniversityCoin could inspire more young people to involve cryptocurrency in their university life, even in their future job.

Release date: April 29th, 2014

Specifications

  • Algorithm: Scrypt PoW + PoS
  • Coins per block: 1000 UVC
  • (The first 60 blocks reward was set to 1 UVC to avoid instamining)
  • Block time: 30 seconds
  • Difficulty retarget: Every block
  • Confirmations on Transactions: 4
  • Confirmations on Mined Blocks: 50
  • Block reward halving: None
  • Total Coins for PoW: 20m UVC
  • Marketing Fund (Premine): 0.5% (1st to 50th block)
  • (Strategic partnerships, bounties & giveaways)
  • IPO: None
  • P2P port: 10707, RPC port: 10708
ExchangePrice
BIT TREX no API

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