First things first is the coin swap that is being conducted on Nova Exchange at a rate of 10 SandG to 1 POSIV
- PoW/PoS Hybrid
- X11 algorithm
- Total supply ~ 18000000
- BlockTime - 240 sec
- Retarget every 480 sec
- Mined coins set at 30 confirms
- PoS starts at block 2520 (approx 1 week from start)
- PoS reward - 8% yearly
- Min. StakeAge - 8 hours
- Max. StakeAge - 30 days
- Premine for coin swap - 3064800 (coinmarketcap available supply -at time of creation)
Coin Block Rewards For Miners
- Block 1 -> 2.880 - 10 POSIV
- Block 2.880 -> 10.000 - 6 POSIV
- Super Mining - 10.001 -> 12.880 - 20 POSIV
- Block 12.881 -> 43.200 - 6 POSIV
- Super Mining - 43.201 -> 46.081 - 25 POSIV
- Block 46.082 -> 146.080 - 6 POSIV
- Super Mining - 146.081 -> 148.960 - 30 POSIV
- Block 148.961 -> 248.960 - 5 POSIV
- Super Mining - 248.961 -> 251.840 - 30 POSIV
- Block 251.841 -> 351.840 - 5 POSIV
- Super Mining - 351.481 -> 354.720 - 30 POSIV
- Block 354.721 -> 500.000 - 5 POSIV
- Super Mining - 500.001 -> 502.880 - 30 POSIV
- Block 502.881 -> 1.000.000 - 5 POSIV
- Super Mining - 1.000.001 -> 1.002.880 - 30 POSIV
- Block 1.002.881 - 4 POSIV