Posts Tagged ‘BITZ trading’

Bitz Coin (BITZ) X11-based alternative cryptocoin

13, Feb 2015

bitz-logo

Blitzcoin (BITZ) is a global peer-to-peer digital currency that makes instant payments to anyone in the world possible. Bitz is totally decentralised, belongs to nobody and there is no central authority and no banks involved. Unlike a bank, Bitz provides freedom and Bitz employs a so-called proof-of-stake mechanism that will accrue 10% annual interest on your Bitz balance. The Bitz wallet is free to download and use and open source. With Bitz you can be your own bank.

Website:
– http://bitz.biz/

Block Explorer:
– https://chainz.cryptoid.info/bitz/

Coin Specifications

  • X11 Algorithm PoW + PoS
  • PoW will end at block 100,000: ~ 3,500,000 coins
  • Coins rewarded per block (PoW): 35 BITZ
  • Time per block: ~ 1 minute (both PoW and PoS)
  • Difficulty Re-target: 10-20 minutes
  • PoS 10% per year from block 0

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 21251
– P2P Port: 21252

Mining Pools:
No pools available, the coin is now PoS only.

Coin Exchanges:
– Yobit


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