Zeitcoin

ZEIT

Zeitcoin

Coin Code: ZEIT

Hashing Algorithm: Scrypt

Description:

Zeitcoin is a Scrypt PoS/PoW hybrid coin with one of the strongest communities behind it. A majority of the coin supply will be distributed by “minting” which allows anyone with coins in their wallet to receive up to 25% interest on their coins. All you have to do to receive interest on your coins every month is have some in your wallet. For traditional miners, the PoW block reward will be halving once a week, every week until the payout is fixed at 1 coin per block. Therefore every week that passes, it becomes harder and harder to mine Zeitcoin.

Coin Details

Coin Market CAP:$887654.574391 USD
Coin Price:$0.00 USD
Coin in Existence:36,139,344,288
Coin Position (CAP):369
Block Count:323698 Blocks
Block time:30 secs
Block Reward:1.00000000
Mining Difficulty0.00288034
Profit Ratio:0.00000000
Profit Ratio Avg:0.00000000

Specifications:

  • 30 seconds block target
  • 250000 - 1000000 coins per block initially
  • Payout will be halved every week for the first 6 weeks
  • After 6 weeks, the payout will be fixed at 1 coin per block
  • Difficulty retargets every block (Avoids the need for KGW)
  • Total coins 99 billion
  • Interest on Proof of Stake:
  • Year 1: 25% | Year 2: 20% | Year 3: 15% | Year 4 and ongoing: 5%
  • 4 confirmations per transaction means fast 2 mins confirmations
  • 50 confirmations per ZEIT blocks

Market Prices

Exchange Currency Pair Last Price
Cryptsy ZEIT/LTC 0.00000138
Cryptsy ZEIT/XRP 0.00086213
Bittrex BTC-ZEIT 0.00000001
Bittrex LTC-ZEIT 0.00000030

Last 1000 Transactions


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