Basecoin - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features Florincoin (transaction message).
Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.
Basecoin provides annual interest rate of 0.01%, for stakes that are not moved.
- Each normal block has 1 Basecoin - 1 minute block time - Difficulty retargets every block - mining payout will be stable all over the lifecycle of Basecoin - Expected total mined coins will be 6000000 Basecoins - 4 confirmations for transaction - 50 confirmations for minted blocks - Support transaction message - Diff start at 0.01 - The default ports are 21206(Connect) and 21207(RPC).
The official website is under construction. Basecoin website from Chinese: http://www.basecoin.pw/
Verion 1.1.1 update:
- add newest checkpoints