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SHA

SHACoin

Algorithm:

What is SHACoin?

SHACoin is the first pure PoS SHA256 based coin. SHACoin is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin. SHACoin distributes its initial coins through 10 days evenly distributed PoW mining. No halves during the initial distribution phase, thus ensures a fair distribution. After initial distribution, network will not accept PoW. SHACoin is SHA256 based crypto currency. No Premine, No IPCO.

Release date: March 12th, 2014

Specifications

  • Algorithm:SHA256
  • Pow + PoS
  • Symbol:SHA
  • Block target:60 seconds
  • Block reward:10000 SHA
  • Retarget: Every block
  • Total coin supply:640 millions
  • Confirmations: 10, maturity: 500
  • P2P port: 25666
  • RPC port: 25655
  • No Premine, NO IPCO
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