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Posts Tagged ‘Bitstar info’
Bitstar (BITS) Scrypt-based alternative cryptocoin
20, Apr 2014
Bitstar (BITS) is a digital savings currency offers an alternative to Bitcoin, in that the coin network is secured by the process of your wallet balance “staking” or, in traditional banking terms, earning interest. Simply deposit coins into your official Bitstar wallet and after 24 hours they will start earning interest, which you will see being deposited into your wallet by the network. The wallet offers a number of advanced features and integrated services, but can be used very easily as a simple way for you to hold your coins and become more familiar with the additional functions at your leisure.
Website:
– http://bitstarcoin.com/
Block Explorer:
– https://www.blockexperts.com/bits
Coin Specifications
- Scrypt Algorithm PoW + PoS
- Total PoW+POS coin supply: 54.25 million (PoW ended May 2014 at 15 million)
- 124 coins per block
- POS interest: currently 25%, going down to 10% and 1% annually (35% for 1st year)
- Only 4 confirmations for a transaction
- 80 confirmations for blocks to mature
- 24 hour PoS staking
- 3% initial premine for development, bounties and charity
Source Code:
– at GitHub
Ports:
– RPC Port: 62124
– P2P Port: 62123
Mining Pools:
No mining pools, the coin is now PoS only.
- Published in: Crypto Coins
- Related tags: BITS, BITS exchanges, BITS info, BITS mining, BITS pools, BITS trading, Bitstar, Bitstar crypto, Bitstar exchange, Bitstar info, Bitstar mining, Bitstar pool, Bitstar trading, PoS, POS coin, Proof of Stake, scrypt, scrypt coin, scrypt crypto, scrypt mining