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SweepStakeCoin SWEEP

  • PoW/PoS
  • JHA algorithm for PoW
  • 3 transaction confirmations
  • 50 minted block confirmations
  • Total coins will be around 2 billions after 10 years.
  • Connection port 17570, RPC port 17571

PoW:

  • 60 sec block target
  • diff retarget each block
  • Initial payout will be 1000 coins per block
  • True random sweepstake
  • Sweepstake up to 20,000 times the normal payout
  • PoW payout will be reduced by 5% every 30 days. Minimum payout will be 1 SWEEP and will stay there (it will be reached after 11 years and 3 months)

PoS:

  • 60 sec block target

  • diff retarget each block

  • PoS interest will be variable per year: 1st year: 20% 2nd year: 10% 3rd and subsequent years: 5%

  • minimum holding time before the pos will be generated 1 day.

  • maximum allowed accumulated coin is 30 days

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