MacsCoin is an ASIC-resistant coin (uses same algorithm as Monero, CryptoNight-V7), offers privacy transactions, short block time to get faster transfers and has the main differential on being one of the first CryptoNote based coins to born with an updated algorithm that provides egalitarian and descentralized mining, without ASIC presence on network. The official network launch will occur two days after the public annoucement to give all miners a chance to prepare, it aims to ensure fair distribution since start.
technical specs name : MacsCoin ticker : MACS algorithm : CryptoNight-V7 (same as Monero) mining : PoW supply : ~888 millions (precisely 888,888,888.00 units) decimal places : 2 after dot (1.01 represents one coin and a penny) block time : 60 seconds block maturity : 10 blocks initial block reward : ~850 MACS genesis block : launch scheduled to sunday, may 27 2018 (13h30 UTC), to be generated two days after this public announcement important : No ICO, no premine, no instamine, no ASIC, no closed/privileged mining, no dev fee, no founders fee, no masternodes, no airdrops, no faucet