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PhilosopherStone (PHS) Open Source Crypto Commodity / Crypto Currency

5.0 Stars (2)
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Download Philosopherstone-1.4.1.1-win32.zip
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Description

PhilosopherStone (PHS) - Crypto Commodity / Crypto Currency PoS/PoW hybrid - Mine OR Mint
http://phstones.com/

A descendent of Novacoin (NVC) /PeerCoin (PPC) with hybrid Pow/PoS Stone generation (energy efficient).

Philosopher Stones provide an annual interest rate of 50%. This equivalent to 3.44% monthly interest. PoS blocks will be generated if the Stones are held for 5-15 days. No special hardware needed.

Other specifications:

Transaction fee destruction to benefit miners/stake holders. Increased transactions = increased destruction
Each normal block has 64/32/(16)/8/4/2/1 Philosopherstone
2 minute block time
Difficulty re-targets every block
Mining payout will be halved every 3 months (or every 64800 blocks) (has happened twice)
Expected total mined coins will be 8,891,840 Philosopherstones (Much less due to PoS overtaking PoW)
6 confirmations for transactions
50 confirmations for minted blocks
Transaction messaging

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  • jknollar
    1 of 5 2 of 5 3 of 5 4 of 5 5 of 5

    The Best

    Posted 04/17/2014
  • palmdetroit
    1 of 5 2 of 5 3 of 5 4 of 5 5 of 5

    “The only reason we die, is because we accept death as an inevitability.”

    Posted 12/17/2013
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