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MST

MasterCoin

Algorithm:

What is MasterCoin?

Introducing the coin, to master all alt coins, MasterCoin [MST]. The future of Crypto Currency. Fast, secure, reliable. Pay, with your MasterCoins.

35 Second Blocks (Should minimize orphans, and still allow for fast transactions)
Diff retarget every 10 blocks, max adjustment, %200.
Block 1 – 1079 – 100 Coins (Premine of 108,000 coins for bounties, give aways and future developement / Promotions)
Block 1080 – 1180 = 1 Coin
Block 1281 – 1380 = 2 Coins
Block 1380 – 1480 = 4 Coins
Block 1481 – 1780 = 8 Coins
Block 1781 on = 20 Coins

This block structure, should serve to prevent insta-mining, to some degree. Also, gives people time to setup for mining, and getting pools inplace, ensuring a relatively fair start. Diff should adjust by or shortly after, reaching full block reward. A smaller block reward, will help compensate for the faster block time, and serve to help preserve the value of the coin.

Release date: July 13th, 2013

Specifications

  • Reward halves every 2703085 blocks, ~ 3 years.
  • Max Coins 180,205,714
  • 2469 Blocks per day
  • Reward halves every 2703085 blocks, ~ 3 years.
  • Max Coins 180,205,714
ExchangePrice

Pools

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