QuidCoin is a POS-based cryptocurrency which will be distributed through an initial 10,000 block POW mining period.
Quid Coin is based on the slang term QUID. A singular unit of currency, once recognized only as the British pound (100 pence) but now widely used in place of the word dollar, pound, peso, etcetera.
The people have coined the word Quid and it will be a familiar transition from street Quid to Crypto QUID. The mass adoption of Quid into the lexicon has been established. People want their QUID and we are here to give them the the Quid of the future.
QUID A Crypto Currency for The Next Generation.
We won't be making you promises up front, but we intend to over deliver on future developments that are in the works and implement updated technologies as warranted .
"Got QUID?!"
Symbol: QUID
Total coins: 4.6 Mil POW
POW mining lasts until block 10,000, (Done)
Proof-of-Stake interest will begin being generated after block 150, with combined PoW+PoS mining until block 10,000.
Premine: 0%
IPO: No
Stake interest: 8%
Block Target: 60 Seconds
Proof-of-Stake Minimum Age: 2 hours
Proof-of-Stake Maximum Age: 2 Days
Confirmations on Transactions: 10
CoinBase Maturity: 120
POS starts at Block 150
Difficulty retargets every block
"QUID- Currency Without The Paper!!"
151-10000 = 1000
Total POW QUID = 4.6 million
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