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MammothCoin-qt.pro
README.md

README.md

MammothCoin - MAMM

Mammothcoin is a X13 PoW/PoS coin. It is thet first coin that integrated with true random superblock features. It uses the advanced PoW/PoS separation feature, making the transaction super-fast at less than 45 seconds. This makes the coin suitable for real time transaction such as shopping. The PoS feature provides interests on holding the coin.

Specifications:

  • X13 hash algorithm
  • PoW/PoS independent
  • 3 transaction confirmations (very fast transactions usually less than 45 sec)
  • 70 minted block confirmations
  • Total coins will be around 25,000,000.

PoW details:

  • 60 sec PoW block time

  • diff retarget each block for PoW

  • Initial payout will be 200 coins per block

  • True randomness, no cheat from big hashpower such as multipools

  • Superblocks:

    • Every 12 hours there will be a block with 20X normal payment (initial 2000 coins)
    • Every 5 days there will be a block with 250X normal payment (initial 50000 coins)
  • block payout will be halved every 10 days

  • PoW will be shut down after 60 days (will be pure PoS afterwards)

PoS details:

  • 15 sec PoS block time
  • diff retarget each block for PoS
  • minimum hold for PoS: 24 hours
  • maximum hold for PoS (over which coin-day no longer accumulated): 60 days
  • Variable PoS payout:
    • 1st year: 50%
    • 2nd year: 25%
    • 3rd year: 13%
    • 4th year: 7%
    • 5th year: 4%
    • and subsequent years: 2%

Ports: connection: 11710 RPC: 11711