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Wozniak (woz)

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 Wozniak developers

Intro

Wozniak is a free open source project derived from Bitcoin. Wozniak 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.

Wozniak is built on the foundation of Bitcoin, PPCoin, Novacoin, and BitcoinDark, with a modified POS system.

Short: woz

Algorithm SHA256

RPC Port: 31453 P2P Port: 31455

30 Seconds Per Block 100 Blocks to Confirm 20MB Blocksize

Block Reward Schedule - Proof of Work Phase

Block 1 to 100 100 woz

Block 101 to 700 300 woz

Block 701 to 1000 250 woz

Block 1001 to 1600 200 woz

Block 1601 to 2200 150 woz

Block 2201 to 2800 100 woz

Block 2801 to 3400 50 woz

Proof of Work rejected after block 3400

Total approx potential coins from POW: 565,000, lower with mixed POS at block 2700. 3 days mining.

Block Reward Schedule - Dynamic Proof of Stake Phase

Block 2700 to 4000 10 woz

Block 4001 to 6600 20 woz

Block 6600 to 6700 100 woz

Block 6701 to 8500 15 woz

Block 8501 to 10000 50 woz

Block 10001 to 20000 10 woz

Block 20001 to 21000 50 woz

Dynamic POS last approx one month. End Block 21,000

Total Approx Coins from first month of Dynamic POS: 392,000

Total Approx Total Coins 950k

After block 21,000 POS goes to approx 9% yearly.

See bitcointalk.org Wozniak thread for more info