CryptoCoinsRevolution.com: Hashing algorithm Paycoin

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Paycoin information


Paycoin

PayCoin(XPY)is a fork of Novacoin/Florincoin/CosmosCoin with very fast transaction time for instant payment. It uses both Proof of Work and Proof of Stake that's why PYC enables instant payments to anyone in the world.PayCoin uses memory-hard, scrypt-based mining with both proof-of-work and proof of stake algorithm to target the regular computers and GPUs most people already have. The difficulty re-targeted each block. The total coins mined will be 30,000,000 coins with 3 coins per block.

  • Website: Paycoin
  • Algorithm: SHA-256
  • Maximum Supply: 12,5 million total coins.
  • Block Reward: N/A coins
  • Block Count: 139,165
  • Re-target every 1 block(s).
  • Block Time: 1.00 minute(s)
  • Launch Date: December 12, 2014



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