PosEffect is a peer-to-peer X13 / Proof of Stake hybrid digital currency with an initial Proof of Work mining distribution period lasting 8100 Blocks. After the initial mining distribution period is over, the network will transition into an energy efficient X13 PoW / PoS hybrid algorithm. X13 Algorithm Total Coins: 300 100 POSE Total Blocks: 8100 Stake Interest: 999% Confirmations on Mined Blocks: 60 Confirmations on Transactions: 7 Block time: 60 seconds Minimum age 1 hour Max age 2 hours NO premine NO ICO NO instamine
POW Block Reward: 1- 100 blocks - 1 POSE 100-600 blocks - 100 POSE 60-1600 blocks - 75 POSE 1600-3100 blocks - 50 POSE 3100-6100 blocks - 25 POSE 6100-8100 blocks - 12.5 POSE