Name of Coin – GoshenCoin
Short Name/ Ticker – GXP (Greater Good, Xcellence, Prosperity)
Algo - Scrypt
Total Supply – 52,000,000 (52 million)
Premine – 5,000,000GXP (5 million to be used for development cost (1 million GXP) + Bounty (1 million GXP) + Provision of basic needs for less priviledged (1 million GXP) + ICO (2 million GXP))
Total Available Supply – 5,005,229GXP (Additional 5,229GXP mined to enable confirmation of transactions of online wallet)
Block Reward – 50GXP
Block Time – 60
Block Re-target – 1,440
Transaction fee – 0.001GXP
Halving – 1 year
Ummmm no lol, you premined almost all of the supply then expect people to mine it keeping the chain moving, where is the PoS ?
Premine was 5 million, total supply 52 million. Thats less than 10%. Mining is PoW