Bank Society Coin source code, Win32 and ubunu wallet and Bootstrap
Bank Society Coin is a free open source decentralized project derived from Bitcoin. It's an experimental project with the goal of providing a long-term energy-efficient scrypt-based crypto-currency. You're using this software with no guarantees or warranty of any kind. Use it at your own risk! Built on the foundations of Bitcoin, Litecoin, PeerCoin, NovaCoin, CraveProject, Dash Masternodes XUVCoin, BATA, and Crypostle to help further advance the field of crypto-currency.
Adjustments based on network hashrate, previous block difficulty simulating real bullion mining: If the difficulty rate is low; using excessive work to produce low value blocks does not yield large return rates. When the ratio of difficulty adjusts and the network hashrate remains constant or declines: The reward per block will reach the maximum level, thus mining becomes very profitable.
This algorithm is intended to discourage >51% attacks, or malicous miners. It will also act as an automatic inflation adjustment based on network conditions.
Bank Society Coin supports PoW, PoS (staking) and Masternodes. Watch out for new coin technology very soon.
Dynamic Block Reward 3.0 (C) 2017 Crypostle
Premine Phase Block 1 to 100 [COMPLETED]
PoW Phase Start Block 101 to 50000 Reward = 5 SOCI
PoW Phase Block 50001 to 250000 Reward = 25 SOCI PoS Reward 250%
PoW Phase Block 250001 to 500000 Reward = 35 SOCI PoS Reward 360%
PoW ends 750001 PoS Reward 500%
Block Spacing: 60 Seconds (1 minutes)
Diff Retarget: 2 Blocks
Maturity: 101 Blocks
Stake Minimum Age: 1 Hour
Masternode Collateral: 20000 SOCI
30 MegaByte Maximum Block Size (30X Bitcoin Core)