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README.md

SEND Core integration/staging repository

SEND is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using coin mixing technology, we call it Coin Mixing.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
  • Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 12,500 SEND

More information at: http://socialsend.io
Social Send Platform at: https://socialsend.net

SEND Core - Running

Coin Specifications

Ticker SymbolSEND
AlgorithmQuark
TypePoW - PoS Hybrid1
Block Time~60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoS)65 Mil SEND
Premine/Initial Supply30 Mil SEND2
Peer Port (public)50050
Masternode Port500503
RPC Port (private)50051

1 First 1000 Blocks PoW. 1001 - Infinite Blocks PoS only.
2 30Mil SEND Premined for Swap of existing PIE/PIEX Chain 28 Million + Pre-Sale for Cryptopia Listing.
3 ONLY port 50050 may be used for masternodes and MUST be open.

PoS/PoW Block Details

Proof Of Work Phase1-1000 Blocks.
Proof of Stake Phase1001-infinite

Staking Methods

Masternodes (new) - 12500 SENDs (From Block Height 385000)
Wallet StakingYes - 1 to infinite Send

Staking/Masternode Reward Details

Send Produced25 SENDs (25SENDs for 1st year & varies Per block for coming years)
Amount Designated for Staking Rewards 25% of block reward goes to Staking
Amount Designated for Masternode Rewards 75% of block reward goes to Masternode
Rewards AlgorithmTeeter Totter Based Targeting System
Coin Maturity to Stake150 Blocks
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