Topic: ANN [NETKO][NETKO] PoW/PoS | NO PREMINE | BLAKE2S | 8.MARCH 2017 - page 57. (Read 86151 times)

The Cryptocurrency NETKO is a project by a Slovenian IT company netko.it

At first the NETKO coin will be used as a loyalty token for our existing and future customers and to promote our business, later we might integrate other services using NETKOs blockchain.

We decided to open the coin for mining to everyone so the coin will have a good standing reputation as a fairly launched coin.

Network start: Wed, 08 Mar 2017 09:00:00 GMT

Ticker: NETKO
Algorithm: BLAKE2S
P2P port: 25960
RPC port: 25970
Last PoW subsidy block: 12960
First PoS block: 12960
PoW subsidy: 259 NETKO
PoS subsidy: 25 NETKO (until block 900000) and 0.25 NETKO (after block 900000)

PoW subsidy phase: ~ 3 months, 12960 blocks x 259 NETKO = ~3,356,640 NETKO
PoS subsidy phase: ~ 8 years, 887100 blocks x 25 NETKO = ~22,177,500 NETKO
Total in this phase: 25,534,140 NETKO
After block 900000 there is a fixed PoS reward of 0.25 NETKO, adding 43800 NETKO to the supply per year.

---

---

Please note, if you do not want your debug.log to bloat before staking starts (block 12900) keep your wallet locked or set a reserved balance higher than the amount of coins you hold in the wallet. Otherwise the wallet will try to stake the whole time and will fill your log with "ERROR: AcceptBlock() : reject proof-of-stake at height xx, ERROR: ProcessBlock() : AcceptBlock FAILED, ERROR: CheckStake() : ProcessBlock, block not accepted"