Post
Topic
Board Announcements (Altcoins)
Topic OP
Neutron SHA-256 LIVE!
by
NeutronCoin
on 19/04/2015, 04:18:14 UTC

Today is a great day, we proudly  announce to you all the birth of Neutron coin.

The Neutron coin is just another example of the versatility of altcoins.
The future is here, and it’s now. Let’s work together to establish this coin’s path in the altcoin ecosystem and prepare for the future. We based our code on a popular basecode including HiPoS. We can add features as they are requested and push this currency to new highs. The main goal of our coin, as for any other coins, is to de-centralize economy around the world and break the state's monopoly on currency.


Ticker: NTRN
   No Premine, No IPO/ICO.
   Block time: 79 seconds
   Coinbase maturity: 90 blocks
   Maximum PoW Coins:
   PoS Coin Maturity 5h (hiPOS)
   Algo: SHA256d
   RPC Port: 32000
   P2P Port: 32001
Adjusted diff retarget to avoid instamine, first 150blocks will be very fast though

PoW Reward Schedule
   
Our PoW phase will consist of 4000 blocks, which should be exactly 5266 minutes and some seconds.  Rewards will start from 750 coins per block and slowly decrease until block 3501. From then on the reward will be 105 coins per block until the end of the PoW mining phase.

Maximum PoW Coins:

   Block 0 - 120 = 0 Coins
   Block 121 - 950 = 750  Coins
   Block 951  - 1400 = 550 Coins
   Block 1401 - 1900  = 425 Coins
   Block 1901 - 2400 = 325 Coins
   Block 2401 - 2850 = 250 Coins
   Block 2600 Starting of the Proof of Stake Phase
   Block 2851 - 3500 = 190 Coins
   Block 3501 - 4000 = 105 Coins
   End of PoW Period

PoS Reward Schedule

        Now, for the regular PoS rewards schedule:
   Block 500 - 5000 = 30 Coins
   Block 5001 - 7000 = 45 Coins
   Block 7001 - 7250 = 190 Coins
   Block 7251 - 8500 = 80 Coins
   Block 8501 - 10000 = 15 Coins
   Block 10001 - 13500 = 30 Coins
   Block 13500 and Up = 30 coins/block halving every 1000000 blocks.

It has been brought to our attention that POS has started earlier than was originally intended. Instead of changing the code and causing problems we have re-done the POW/POS charts to reflect the change.!




* Remember to spread hashrate between pools.
Our current hashrate distribution is not fair,
 divert some hash to all pools. *