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
|Type||PoW - PoS Hybrid1|
|Block Time||~60 Seconds|
|Difficulty Retargeting||Every Block|
|Max Coin Supply (PoS)||65 Mil SEND|
|Premine/Initial Supply||30 Mil SEND2|
|Peer Port (public)||50050|
|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 Phase||1-1000 Blocks.|
|Proof of Stake Phase||1001-infinite|
|Masternodes (new)||- 12500 SENDs (From Block Height 385000)|
|Wallet Staking||Yes - 1 to infinite Send|
Staking/Masternode Reward Details
|Send Produced||25 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 Algorithm||Teeter Totter Based Targeting System|
|Coin Maturity to Stake||150 Blocks|