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README.md

Gigacash [GCASH]

Build Status GitHub version

GigaCash is a open source cryptocurrency that focuses on privacy, speed, decentralization and community decisions. GigaCash uses the QUARK algorithm with POS consensus and Masternodes to create a secure network with full nodes across the globe, this ensures the network is decentralized and no one person has control or ownership. Unlike most other currencies, decisions on GigaCash’s future are made by the community. Our long term goal is mass adoption and to be a top 100 cryptocurrency within 2 years, we aim to complete community projects and create a payment gateway which our partners will beable to implement to accept payment with any cryptocurrency for services, products, bills and more, while giving GigaCash holders extra benefits. We are also looking to create a Decentralized Exchange which will give masternodes and stakers 90% of trading fees.

More information at Gigacash.org

Coin Specs

Ticker SymbolGCASH
AlgorithmQuark
TypePoW - PoS Hybrid*
Block Time60 Seconds
Difficulty RetargetingEvery Block
Min Stake Age1 Hour
Max Stake Age-
Premine/Initial Supply2.5 Million

PoS/PoW Block Details

Proof Of Work Phase1-400
Proof of Stake Phase401+

Masternodes/Staking

Masternode Collateral 10,000 GCASH
Masternodes70% of each block
Staking30% of each block

Rewards

BLOCKREWARD MASTERNODE 70% POS 30%
1 – 40,00053.51.5
40,001 – 80,0001007030
80,001 – 120,000805624
120,001 – 160,000704921
160,001 – 200,000604218
200,001 – 240,000503515
240,001 – 280,000402812
280,001 – 330,00030219
330,001 – 380,0002517.57.5
380,001 – 430,00020146
430,001 – 480,0001510.54.5
480,001 - 550,0001073
550,001 - 1,000,00085.62.4
1,000,001 - 2,500,00053.51.5
2,500,001 +32.10.9

More details can be found in our Whitepaper