MintCoin is a brand new Proof of Work (POW) and Proof of Stake (POS) cryptocurrency. Its goal is to be the most innovative, secure, and energy-efficient cryptocurrency out there. The MinCoin price is distributed with a fast POW distribution mechanism. After five weeks, the MINT token price is transformed into a fully POS coin, making the token completely energy-efficient in order to sustain itself. It doesn’t have to depend on resource intensive mining rigs at that point. MintCoin runs on 100% POS, securing the entire network. Stakers receive a fixed five percent reward indefinitely for their help securing the network.
|Genesis Date||February 06, 2014 (about 4 years)|
|Hashing Algoritm||Proof of Stake|
|Block Time||0.5 Minute|
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|Paxos Standard Token (PAX)||$1.011262||-0.17%|