Proof of Work (POW) phase has ended for Security Coin (SCSY). The POW phase was complete at block 104,000 and yielded 57 million coins. The total current coin supply including those mined by POS is just over 60 million. Security Coin is now fully variable proof of stake (VPoS).
VPOS is different than many other POS methods as it rewards holders of the coin with a higher stake rate the longer the coins are held. The following is the VPoS reward structure for staking coins in the wallet.
Security Coin is a POS cryptocurrency developed from the POW Hefty 1 Algorithm featuring the first “true” variable proof of stake (VPOS) method.
Security Coin’s Development Team includes: CEO Darren James, aka AllCryptoAllDay, a very active member of the Crypto Community with seasoned marketing skills having worked for several tech startups, developed numerous strategic partnerships, and helped market over 35 coins; Vice President Keith F. Smith, a former coder and Crypto visionary with experience marketing, trading, developing crypto assets, in graphic design, in video editing, in public relations, and a deep knowledge on crypto economics; Alberto, aka Sciaksystem (SCSY Dev), a visionary crypto programmer with experience developing Android coin wallets, reviewing source code and trouble shooting for multiple coins, and coding new and innovative coin features; and Technology Manager Kamron Kennedy, a programming expert with experience including working with IBM and Michigan State University and developing complex, secure and efficient applications, Aaron Van Ongeval aka Kofixcoin, who is knowed for investments and marketing.
He's the youngest and the newest teammember. More information about Security Coin’s features, Development Team, and Road Map can be found at http://scsycoin.com/
For the Dutch
Zeer interessante Coin die ik de komende tijd in de gate ga houden en opsparen natuurlijk.
Deze coin heeft ene zeer geavanceerde wallet, en komt mogelijk binnenkort op Cryptsy.
Een matige Nederlandse vertaling van het Engelstalige Bitcointalk topic is hier terug te vinden