Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] RootCoin [ROOT] - ANON-tx using BitKey™- PoW/PoS + Proof of Investment
by
Monkeys
on 05/08/2014, 22:37:05 UTC
When can we expect PoW phase to begin and what algorithm will be used? I cannot take part of the IPO unfortunately and I'm pretty interested in the coin.

From speaking with Bitsta on IRC a couple of days ago, he said he will be announcing the full POW schedule here (or most likely in the original thread) once his van has been lifted.

From what I could gather though, it will be scrypt, roughly 30 days, and 30% of the coin supply. Not sure what sort of block reward or if there will be any block halving it anything. I'll wait for Bitstas announcement to clear this up =)