CryptoCoinsRevolution.com: Hashing algorithm Blackcoin

Blackcoin information

BlackCoin started of as a Proof of Work / Proof of Stake hybrid coin for its initial coin distribution. It has now become a pure Proof of Stake coin. Wallet holders do not need to have their wallet open to earn the 1% compound interest from Proof of Stake.

BlackCoin features the following specifications :
Proof of Stake
- The first PoW/PoS hybrid to become full Proof of Stake, thus making BlackCoin not mineable.
Quick Transactions
- Proof of Stake makes transaction confirmation much quicker (~10 seconds).
Energy Efficient
- BlackCoin is completely Proof of Stake and there is no need for miners to conduct mass ASIC or GPU mining.
Extremely Low Inflation
- Wallet holder will receive 1% in compound interest on a yearly basis.

Algorithm	Scrypt
Block time	February 24, 2014 (6 months ago)
Difficulty retarget	every block
Block Time	1.0 minutes
Homepage	http://www.blackcoin.co/
Blockchain/Supply	http://blackcha.in/
Discussion Forum	http://blkfeed.com/
Available/Total Supply	74.7 Million / 100 Million
Facebook	Likes	3573
Twitter	Followers	6643
Reddit	Subscribers	3336
	Average Users Online	13
	Average New Hot Posts Per Hour	0.2
	Average New Comments on Hot Posts Per Hour	3.39
Code Repository	Stars	54
	Subscribers	39
	Forks	57
	Issues	14
	Merged Pull Requests	2
	Contributors	2

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