Description

 

 

--    https://github.com/netcoinfoundation/netcoin/releases ;   --

NetCoin (NET) - Litecoin / PeerCoin Hybrid POW/POSV hybrid with Personal Investment Rate and Open Wallet Incentive (PIR & OWI)

The default ports: Connection 11310, and RPC 11311

No premine

POW Details 120 seconds block time POW scrypt algorithm 15 POW coins per block flat rate

Difficulty retargets on every block

POS Details POS activated on block 420,000 - Hard fork

Personal Investment Rate (PIR) for the APR Stake reward increases in line with the value of the coins staked on a sliding scale 2-10% 1 - 10 million NET

120 seconds block time POW

POS 1 hour minimum age for staking. 30 days max age

FAIR-WEIGHT protocol enforced stake weight coin value cap of 100,000 NET replaces the idea of 'block splitting' to prevent very large NET holders signing lots of POS blocks

6 confirmations for transaction

70 confirmations for minted blocks

POS - stake once each month to earn highest possible rewards incentivizes running full nodes to increase POS security coin age gradually slows after 1 month with an aging half life of 90 days. Newest client is v2.5.2 https://github.com/netcoinfoundation/netcoin/releases

POW- ends block 2500000