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Update README.md #2
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Original file line number | Diff line number | Diff line change |
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Compound Coin | ||
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Compound Coin is an experimental coin that rewards holders staking the coin with interest and making their assets grow bigger. Compound Coin also emphasizes the importance of compounding the coin to make your asset grow exponentially. Compounding is where your coin grows exponentially because your both capital and staked coin will staked again as time passes. | ||
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Coin Name: Compound Coin Short Name: COMP Algo: X11 POS/POW 2 Minute Block Port/RPC Port: 8422/8442 Min/Max Stake Age: 1/30 Days | ||
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Rewards POW Block 0-1000 = 1 COMP Block 1000-50000 = 100 COMP | ||
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POS Block 0-1000 = 10% APR Due to wallet error, no reward here, think about it is grace period time until everyone get their coin swapped, so becoming more fair for everyone Wink Block 1000-50000 = 250% APR Block 50000-100000 = 500% APR Block 100000-500000 = 250% APR Then percentage will halving every 500000 blocks until from block 2500000 = 7.8% APR Block time is 2 minutes, so 1000 block is about 1,389 days. | ||
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More information on website: | ||
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http://www.compoundcoins.com |
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goodjob