Netcoin (NET) is a proposed Scrypt type cryptocurrency with a hybrid proof-of-work and proof-of-stake system that affords eventual control of the monetary supply to users. Mining features a Super block every hour equal to 8 times the regular blocks. Netcoin v1.2.0 features the Kimoto Gravity Well difficulty adjustment algorithm.
Bitcoin plunged as low as $11,100 earlier this week. The drop led many analysts to think that the cryptocurrency was… read more
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