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Unlike many Alt-Coins, MazaCoin has no upper limit of coin base. A sophisticated algorithm carefully balances the mining/minting difficulty and reward to more closely approximate the rarity of gold and silver.
I just poked around their main site and oh dear, be careful guys, this coin is inflationary and it looks like these guys don't seem to know what they're doing, to me it looks like these are altcoin devs that have cloned the Bitcoin source code and are hijacking the American Indian movement to make it seem more legitimate. I doubt these guys have any sort of relation to the Lakota Nation etc. who are actually trying to get a real succession movement going and get rid of the American Indian treaties the U.S government had them sign.
Yes, that is what I thought. They are deceiving people.
Do some research. The man behind this is a known activist for the Lakota and you can see him in interviews on youtube. He's made presentations around the US have a look at all the pictures, do a little digging.
Forbes, The Independent, UK Russia everywhere is reporting about it.
They are having difficulty with being "declared" official as many whales will link articles by reporters, people who will prod anything for a buck keep in mind. The truth of the matter is the Lakota council received a call from the FBI or federal yadda yadda and got told cryptocurrency is illegal, other quotes including (not word for word) "Payu has spoken to the council and they support it if it benefits their community"... which it will... massively.
But that federal (please i can't be arsed to confirm which network) who is trying to make Maza a misery are also failing against Bitcoin, other cryptos and even that drug that has been legalized in two states right in their face.
A scammer usually doesn't put his face out there especially selling paper wallets of MZC promotion-ally face to face. Nor does a scammer usually have a history of activism.
This coin is my favourite of all the altcoins aside Litecoin. I don't see many others being accepted anywhere in a short time but I see Maza being accepted in Casinos especially for a trial run... (what do casinos loose from switching currency?). Aurora coin is far more and unsure thing than this especially that social experiment of a 50% airdrop, making it a free-for-all in that country come 15march for who can cash in $1000 of bitcoin first.
Good luck to the Native Americans and their prospects for CryptoCurrency.
P.S just for some spice, the Free Lakota Bank had been operating since 2008 and is a gold back none-fiat bank, protected by their sovereignty.
Just to rebuke the proper discussion over at https://bitcointalksearch.org/topic/annmzcsha-256-mazacoin-first-sovereign-currency-android-wallet-avail-508849
