Platinum Core - South Africa

Platinum Core is a free open source project derived from Bitcoin. Platinum Core has a rapidly changing Proof of Work and Proof of Stake system, and it's first goal is to test an evolving POS system and observe it's effects on the blockchain and in the altcoin marketplace.

Platinum Core is built on the foundation of Bitcoin, PPCoin, Novacoin, and BitcoinDark, with a modified POS system.

We are testing also a new strategy where there is no block halving but instead we kick off with a low reward system which rapidly increase as the number of blocks get mined. This will hopefully settle in at a good market price for future trades. It's goal is also to encourage miners to get higher rewards as the number of blocks increase.

There will be a 1 % premine - premine goes towards Developer for Bounties, Donations, Giveawys & Future development of the coin.

Website: www.platinumcore.co.za

Email: info@platinumcore.co.za

Coin Name - Platinum Core

Ticker - PLTCR

Reward Type - POW / DPOS / POS

Algorithm SHA256

Max Money Supply -  approximately 300 000 000 PLTCR

POW Money Supply -  100 249 995 PLTCR

DPOS Money Supply - 65 250 000 PLTCR

Normal POS Money Supply at approximately 9 % interest per year after block 2 200 000 - 134 500 005 PLTCR

Block Time  - 120 seconds (2 minutes)

Number of confirmations required to mature - 30

No block halving - rewards increase as more blocks get mined

RPCPORT - 31452

rpcuser=yourplatinumcoreusername

rpcpassword=yourplatinumcorepassword

rpcport=31452

server=1

daemon=1

rpcallowip=127.0.0.1

addnode=169.159.129.254

addnode=169.159.129.250

addnode=127.0.0.1:31452

Block 1 to 1 - 1 000 000 PLTCR per block

Block 2 to 50 000 - 5 PLTCR per block

Block 50 001 to 150 000 - 10 PLTCR per block

Block 150 001 to 350 000 - 20 PLTCR per block

Block 350 001 to 650 000 - 40 PLTCR per block

Block 650 001 to 1 050 000 - 80 PLTCR per block

Block 1 050 001   to 1 550 000 - 100 PLTCR per block

Block 50 000 to 100 000 - 5 PLTCR per block

Block 100 001 to 200 000 - 10 PLTCR per block

Block 200 001 to 400 000 - 15 PLTCR per block

Block 400 001 to 700 000 - 20 PLTCR per block

Block 700 001 to 1 100 000 - 25 PLTCR per block

Block 1 100 001 to 1 600 000 - 30 PLTCR per block

Block 1 600 001 to 2 200 000 - 50 PLTCR per block

Exchanges https://cryptomarkets.co.za

Faucets

Casino Games

Merchant integration

Major Exchanges

New Wallet Feature and or improvements

Development Team

Community support, donations, bounties & giveaways

Regards

Platinum Core Coin Team