HadokenCoin (HDK)
HadokenCoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 1 weeks the coin is basically transferred to a pure PoS coin, where the generation of the coin is mainly through the PoS interests.
HadokenCoin also adopt a variable PoS rate, which gives the highest payout at 50% the first year, then decrease 10% per year until the 5th year it reaches annual interest rate of 10%, then it will remain at this rate.
Because after 1 weeks it is basically a pure PoS coin, it does not need to be intensively mined, as the PoW payout will remain the minimum. Most coins will be generated through PoS, thus it is a coin that will save a lot of energy compared to other coins.
HadokenCoin will have a total of 150 million coins. Initially each block will deliver 1000 coins .
PoS will start after at least 7 days of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack.
Other Specifications:
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30 seconds block target
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1000coins per block initially
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Difficulty retargets every block
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PoS variable interests:
- 1st year: 50%
- 2nd year: 40%
- 3rd year: 30%
- 4th year: 20%
- 4th and subsequent years: 10%
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Total coins will be 150 millions
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4 confirmations for transaction, thus fast 2 mins confirmation for transdactions
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50 confirmations for minted blocks
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.5% premine for bounties, giveaways, development, support and maintenance, new feature developments etc.
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Ports: 15333 (connection) and 15334 (RPC)