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StabilityShares

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What is StabilityShares?

StabilityShares is crypto currency featuring our exclusive Hyperbolic reward curve. The standard block halving scheme that bitcoin and a lot of other altcoins use is suppose to represent a hyperbolic curve. These block halving events have proven to have a lot of speculation occur and therefore destabilizing the market. Why not let the block reward follow the curve it is trying to represent? We did this, not only to know what the effect is, but we believe that it is best for the creation of a cryptocurrency to have this.

Release date: April 16th, 2014

Specifications

  • Algorithm: Scrypt
  • Total amount of coins: 7,500,000 after 14 days
  • Hyperbolic Reward Curve gradually lowers the block reward with no block halving
  • Block time: 1.5 minutes
  • Total amount of PoW blocks: 13,440, amounting to 14 days for total of 7.5 million coins
  • The first 100 blocks will have a reward of 10 coins per block, starting the network fairly
  • Difficulty re-target: every block
  • Nominal stake interest: 3% annually
  • Min transaction fee: 0.0001 XSI (Fees are paid to miners)
  • Confirmations: 10, maturity: 40
  • Min stake age: 12 hours, no max age
  • P2P port: 7714, RPC port: 7715
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