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ZED

Zedcoin

Algorithm:

What is Zedcoin?

Welcome to the Apocalypse. Well, at least welcome to the “virtual” apocalypse. ZedCoin (ZED) – A new generation of cyptocurrency that is a descendant of Litecoin. Like its predecessor, it uses the scrypt algorithm as a proof of work scheme.

Release date: January 26th, 2014

Specifications

  • Difficulty re-target every 30 blocks
  •  1 minute blocks
  • 88 coins per block
  • 120 million total coins
  • Random 1day/month x2 bonus
  • Transaction messages supported
  • Coin maturity at 30 block confirmations
  • The block payout will be halved every year, minimum payout 1 coin per block
  • Early Bird bonus payouts, in order to provide some incentive to early adopters.
 
  • Day 1: x2 payout
  • Day 2: x3 payout
  • Day 3: x5 payout
  • Day 11: x2 payout
  • Day 22: x2 payout
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