Post
Topic
Board Altcoin Discussion
Re: Free EverGreenCoin!
by
clayford08
on 06/01/2016, 18:53:00 UTC
Is there a thread for this coin? What are its major features? what is the algo? You should really have a thread with all the info regarding this coin.

The announcement thread is here.

https://bitcointalk.org/index.php?topic=1272091.0

These are its specifications

Algorithm: X15 PoW + PoS hybrid
PoW length: 525,960 blocks ( ~6 months)
PoW generated supply: 13 million EGC projected. (26,298,000 EGC Max)
PoW block reward: 50 EverGreenCoin
1 EGC (2%) to the EGC Foundation. 49 EGC (98%) to the EGC miners.
PoW block halving: none
Block target: 60 seconds
Block maturity: 60 blocks (~1 hour)
PoS reward: 7%
Minimum coin age for staking: 24 hours after maturity
Maximum coin age for staking: none

The logo reminds me of the digitalcoin logo, except its green. It looks like a round circuit board just like the digitalcoin logo.

The reddit giveaway could be more generous, 20 EGC isn't many compared to the devs 2% premine.

There was no premine. 1 coin from every block goes to the EGC foundation, which will be used to help fund eco-friendly projects around the globe. We're already in talks of developing a solar-powered mining farm project. The EGC wallet is also what funds our faucet at this time. It does not go to the dev at all.