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Colossuscoin2.0 (CV2)


Was released on
February 08, 2015 21:00
/About: Colossuscoin was founded on 22 August 2013 and is a decentralized, open-source peer-to-peer (P2P) energy-efficient Internet currency that enablesfast instant payments to anyone in the world with almost no fees. It runs off the popular scrypt protocol which gives it unmatched stability and easy accessibility. Its design is public, nobody owns or controls Colossuscoin and everyone can take part.

Specifications

  • Algorithm:

    X13
  • Nr. Coins:

    19.1 Billion Coins
  • Distribution:

    PoS & PoW
/The Specs Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only Algorithm: X13 2 minute Blocktime Proof of Work - 19.1 Billion per Block the first Block = Approx. 15.7 billion were already both mined and staked by Colossuscoin (COL) holders (1/20 coin split) Proof of Stake reward -Maximum Stake per year 10% -Minimum Stake per year 5% - 10% a year inflation halving down to 5% every 64 times difficulty (10%, 7.5%, 6.25%, 5.6% etc...) Reward per Block is (Coin year reward + ( Fees /10)) up to a maximum of 5000 Coins) plus Fees - Fee is 20 Coins per 1 kb transaction (sending one transaction up to 6-7 combined inputs) - Reward per Block is (Coin year reward + ( Fees /10)) up to a maximum of 5000 Coins) plus Fees - Stake Split threshold is 10 days - Stake Combine threshold is 100,000 Coins /Coin Control Coin control lets you view your transactions and the amount of Coins in each Block you have along with it's confirmations. You can enable it by going into "settings" then "options" and under the "display" tab, choose "display Coin control" and apply the changes. Wallet Features -Coin Control -Block explorer -Statistics -IRC chat -Use of minimal coinage (enable in "options" and under the "display" tab) -Links to all relevant resources

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Release of Colossuscoin2.0

Released on February 08, 2015 21:00