BeaverCoin is an electronic monetary and payment system which is independent from banks, states and governments. Instead of using a central place for regulation, it is based on a P2P-network in which there is an exchange between the computers of all participants.
With BeaverCoin you can pay worldwide, no matter in which country you are in at the moment.
This is what makes BeaverCoin special:
- Algorithm: scrypt
- Maximum amount of coins: ~3.36 million
- Time per block: 1 minute
- Coins per block: 8 coins
- Halving: every 210,000 blocks
- Difficulty: changes every 1,440 blocks (approx. 24 hours)
- 0% coins premined