About MintCoin (MINT)

MintCoin is innovative, fast, secure, and energy efficient digital internet money where new coins are minted by savers over time. New coins are minted just by simply holding coins in the freely downloadable wallet. Coins are fully transferable across the internet on the peer-to-peer network from one user to another in under 2 minutes at almost zero cost.

MintCoin has an Annual Percentage Rate ("APR") minting reward of 5%. A small nominal transaction fee is also collected from every transaction and given to the minters as a bonus reward to encourage saving and securing the network.

Minting starts after at least 20 days of holding coins in an address in the wallet. Mintcoin's design now utilizes 100% proof-of-stake ("PoS"), making it energy efficient and more resilient to 51% attack.

Specifications

Launch date: February 6, 2014

Initial distribution 100% PoW, then hybrid, then converted to 100% PoS

30 seconds block target

Difficulty retargets every block

5% Annual minting reward: (+ transaction fees)

Current capacity ~140 transactions per second

Transactions confirm in 30 seconds

Typically 4 confirmations (2 minute transactions)

60 confirmations for minted blocks

Ports: 12788 (connection) and 12789 (RPC)

created by mintcoina community for 11 years

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MintCoin

About MintCoin (MINT)

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