ColossusCoin2.0 was rebranded from ColossusCoin (former InfiniteCoin-V2)
Colossuscoin2.0 has been launched successful on February 08, 2015! Fair Launch, no ICO/IPO!
- Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only
- Hashing Algorithm: X13
- Blocktime: 120 seconds Blocktime
Proof of Work
- 19.1 Billion per Block the first Block
- Approx. 15.8 billion were already both mined and staked by Colossuscoin (COL) holders (1/20 coin split)
Proof of Stake reward
- POW 1000 Coins per Block for 10,080 Blocks (10 days)
- POW will also generate fees of 20 Coins per block
- After approx. 5000 Blocks POS will start and estimated at 60% POS and 40% POW.
- Minimum Stake age is 1 week
- Block Time is 2 minutes
- Reward is 5000 Coins per Block
- The supply grows at approximately 6.5% per year but rewards smaller Blocks
- The proof of stake rate of interest is about 6.5% per year.
- 20 Coin Fee on transactions is also part of the Block reward on top of the 5000 Coins per Block. It is to allow for higher rewards at lower inflation per year.