Netcoin
English: Started by Netcoin on June 14, 2018.
Description: Netcoin is a decentralized global cryptocurrency that was created in September, 2013. Originally based on litecoin’s coin core, it has since been developed and upgraded to include custom coin code making it a unique Proof of Work / Proof of Stake scrypt hybrid. The number of Netcoins YOU stake determines the Annual interest rate that is applied to the transaction for that reward. This annual rate is then converted to a daily rate and applied to the coins based on their age.
Netcoin is a POW/POS Scrypt hybrid:
POW SPECS
120 second block time 15 POW coins/block Difficulty re-targets every block POW rewards are static @ 15 coins per block POW ends block 2500000
POS SPECS
120s block time 1 hour minimum age 30 day max age 6 confirmations for transactions 70 confirmations for minted blocks 30 day maxium, 90 day half life for non active staking. Personal Interest Rate (PIR) and Open Wallet Incentive (OWI). - Earn from 2-10% (APR) 100,000 NET (7%) marks fair weight and activates 6 hour staking almost like clockwork.
Netcoin was officially launched September 8th, 2013, with no premine.
