ZedCoin(ZED) ver 2.1 – A new generation of cyptocurrency that is a descendant of Litecoin. Like its predecessor, it uses the scrypt algorithm as a proof of work scheme.
- Scrypt Algorithm
- 1 minute blocks
- 88 coins per block
- 120 million total coins
- Difficulty re-target every 30 blocks
- Random x2 bonus 1day/mo
- Transaction messages supported
- Coin maturity at 30 block confirmations
- The block payout will be halved every year, minimum payout 1 coin per block
*Bonus payouts, in order to provide some incentive to early adopters.
Day 1: x2 payout
Day 2: x3 payout
Day 3: x5 payout
Day 11: x2 payout
Day 22: x2 payout
- The default ports are 17722 (Connect) and 17733 (RPC)
Developers work in their own trees, then submit pull requests when they think their feature or bug fix is ready.
The patch will be accepted if there is broad consensus that it is a good thing. Developers should expect to rework and resubmit patches if they don't match the project's coding conventions (see coding.txt) or are controversial.
The master branch is regularly built and tested, but is not guaranteed to be completely stable. Tags are regularly created to indicate new official, stable release versions of ZedCoin.
Feature branches are created when there are major new features being worked on by several people.
From time to time a pull request will become outdated. If this occurs, and the pull is no longer automatically merge-able; a comment on the pull will be used to issue a warning of closure. The pull will be closed 15 days after the warning if action is not taken by the author. Pull requests closed in this manner will have their corresponding issue labelled 'stagnant'.
Issues with no commits will be given a similar warning, and closed after 15 days from their last activity. Issues closed in this manner will be labelled 'stale'.
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