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EduCoin (EDU)


Was released on
March 11, 2014 15:00
EduCoin (EDU) is a cryptocurrency, based on bitcoin’s pioneering technology, that helps us pay for education in ways we could never have imagined before. Education is rapidly evolving online (in such areas as MOOCs), and learners are even finding new ways to fund their schooling through crowdfunding. We need a digital cryptocurrency that can drive the pace of progress and help students, educators, and third parties make secure transactions without fees, rates, or approval times. EduCoin aims to be the standard for student transactions at learning organizations everywhere.

Specifications

  • Algorithm:

    not_defined
  • Nr. Coins:

    101 Billion Coins
• Difficulty: Retargeting using Kimoto Gravity Well • Block Time: 30 seconds BLOCK REWARDS • Block 1-100,000: 1-1,000,000 EduCoin • Block 100,001-200,000: 1-500,000 EduCoin • Block 200,001-300,000: 1-250,000 EduCoin • Block 300,001-400,000: 1-125,000 EduCoin • Block 400,001-500,000: 1-62,500 EduCoin • Block 500,001-600,000: 1-31,250 EduCoin • Block 600,000+: 10,000 EduCoin *after 101,000,000 mined, 1% per year coins generated at 10,000 EduCoin

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Release of EduCoin

Released on March 11, 2014 15:00