Greed (GREED)

Distributed under the MIT/X11 software license.

Copyright © 2009-2015 The Bitcoin developers

Copyright © 2013 PPCoin developers

Copyright © 2013 NovaCoin developers

Copyright © 2014 BitcoinDark developers

Copyright © 2015 Positron developers

Copyright © 2015 Greed developers

Intro

Greed is a free open source project derived from Bitcoin. Greed has a rapidly changing Proof of Work and Proof of Stake system, and it's first goal is to test an evolving POS system and observe it's effects on the blockchain and in the altcoin marketplace.

Greed is built on the foundation of Positron, with a modified reward system.

Short: GREED

Algorithm SHA256

RPC Port: 26925

P2P Port: 26926

60 Seconds Per Block

100 Blocks to Confirm

20MB Blocksize

Block Reward Schedule - Proof of Work Phase

Block 1-2

5 GREED

Block 3 to 1999

0 GREED - ANTI INSTAMINE - (sha256 diff adjustment period)

Block 2000 to 2090

1 GREED

Block 2091 to 2101

1 GREED

Block 2102 to 3500

.01 GREED

Block 3501 to 10999

0 GREED

Proof of Work rejected after block 10999

Total approx potential coins from POW: ~124 GREED TOTAL.

Block Reward Schedule - Dynamic Proof of Stake Phase

Block 2091 to 10999

1% Yearly

Block 11000 to 11200

5,000 GREED

+1,000,000 total

Block 11201 to 11999

1% Yearly

Block 12000 to 12200

10,000 GREED

+2,000,000 total

Block 12201 to 12999

1% Yearly

Block 13000 to 13200

15,000 GREED

+3,000,000 total

Block 13201 to 13999

1% Yearly

Block 14000 to 14200

20,000 GREED

+4,000,000 total

lock 14201 to 14999

1% Yearly

Block 15000 to 15200

25,000 GREED

+5,000,000 total

Block 15201 to 15999

1% Yearly

Block 16000 to 16200

30,000 GREED

+6,000,000 total

Block 16201 to 16999

1% Yearly

Block 17000 to 17200

35,000 GREED

+7,000,000 total

Block 17201 to 19999

1% Yearly

Block 20000 to 21500

8,000 GREED

+12,000,000 total

Total Approx Total Coins at block 21,500: ~40,000,000 GREED TOTAL

After block 21,500 POS goes to approx 10% yearly.

See bitcointalk.org Greed thread for more info