SpeedCash (SCS) source files
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Latest commit 296768b May 3, 2018

README.md

Scash (SCS) Release v1.2.4


Scash is a peer-to-peer Proof of Stake Velocity digital currency with an initial Proof of Work mining distribution period lasting up to 476,918 coins mined. After the initial mining distribution period is over, the network will transition into an energy efficient Proof of Stake Velocity algorithm which will reward balance holders on the network a 8% staking annual interest.


Specifications:

Total coins: 476,918 SCS (PoW) + annual 8% PoS intereset

Algorithm: x13 + mSHA3

PoW block reward: 2 SCS -> 0.5 SCS

PoS annual rate: 8%

PoS minimum stake coin maturity: 4 hours

PoS maximum stake reserve time: 1 hour

PoW Block time: 60 to 90 seconds

PoS blocks target rate: 66%

Mixed PoW/PoS block time: 20 to 30 seconds

Block size: up to 2Mb

Required TX confirmations: 3 to 7 depending on TX amount

Mined blocks confirmations: 60

Default P2P connection port: 35334

Default RPC port: 35333

Default JDS port: 5082