Post
Topic
Board Altcoin Discussion
Re: [ANN] "Cubits" V2 (QBT) Sha256D POW
by
cassieheart
on 22/11/2013, 04:57:34 UTC

The official release date and time for Cubits v3.0 will be Sunday, November 24, 2013 5:00 PM Eastern Standard Time (EST) -0500 UTC




Cubits [QBT] V3.0

SHA256D, Proof of Work + Proof of Stake

Max 42 million Coins

150 coins per block, halving every 64,000 blocks.

3 minute block targets

Progressive (per block) Diff Change, max 10% up/10% down

50 blocks to coin maturation

3% stake after 60 days, 120 days for full weight.

20606250 Coin Premine (3 halving worth of Cubits v2 for 1:1 redemption)

Notes:
Any remaining premined v2 Cubits will be put into a foundation wallet and used for Bounties and services.
Release day you will be able to redeem your v2 cubits for v3 trading 1:1. Please stop mining v2 and wait for v3 release


Thank you for your time and patience.
~Cassie Heart