Post
Topic
Board Announcements (Altcoins)
Re: [ANN] {ZAP} 2.5M MAX + NIST5 + FREE DISTRIBUTION + FAST PoW [ANN]
by
TheZapDev
on 13/07/2014, 02:42:14 UTC


Algorithm: NIST5
Total Coins: 2,500,000
Total PoW Coins: 1,250,000
PoW Blocks: 5000
Coins per block: 250
Block Time: 45 Seconds
Confirmations: 30 Blocks
PoS Interest: 12% Annually

Total Shares Issued (approx): 470 - Total Shares Issued As of 07/12/2014 5 pm EST
Value per Share (approx): 2659.58 Coins


ATTENTION: There seems to be some confusion about the shares. THEY ARE NOT FINITE! The more people who participate, the more shares  we will issue. As the total number of issued shares increases, the total number of COINS per share decreases. This is what drives the even distribution!


Pools

http://zap.hashlink.eu/ # LINK - First Pool



Value per Share x Total Shares = 1,250,000
Total PoW Coins: 1,250,000
Total Coins: 2,500,000
so total coins = Total PoW Coins + premined? then POS coins = 0?! or pow coins = premined then why there's pool to mine?!
do u think there is anyone who 'll mine a 50% premined coin?! and free distribued!?!


PoS supply grows over time. Sigh. I changed the language in the OP to accommodate your concern.