EquiTrader will shift from Proof-Of-Work to Proof-Of-Stake + Proof-Of-Work Algorithm .
Details :
Algorithm Type :- POW + POS
Hashing Algorithm :- X11
Block Time :- 120 Secs
Block Reward ( POW ) :- 20
Block Reward Halving Rate :- 50,000 Blocks
PoS Interest per year :- 30%
Minimum Stake Age :- 1 Day
Maximum Stake Age :- 30 Days
Block Size :- 8 MB
This is how many blocks will be generated per day :- 720
The block reward will cut in half every 2.28 months.
A swap will need to be done. More info will be shared soon.