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
- 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