Gigacash [GCASH]

GigaCash is a open source cryptocurrency that focuses on privacy, speed, decentralization and community decisions. GigaCash uses the QUARK algorithm with POS consensus and Masternodes to create a secure network with full nodes across the globe, this ensures the network is decentralized and no one person has control or ownership. Unlike most other currencies, decisions on GigaCash’s future are made by the community. Our long term goal is mass adoption and to be a top 100 cryptocurrency within 2 years, we aim to complete community projects and create a payment gateway which our partners will beable to implement to accept payment with any cryptocurrency for services, products, bills and more, while giving GigaCash holders extra benefits. We are also looking to create a Decentralized Exchange which will give masternodes and stakers 90% of trading fees.

More information at Gigacash.org

Coin Specs

Ticker Symbol	GCASH
Algorithm	Quark
Type	PoW - PoS Hybrid*
Block Time	60 Seconds
Difficulty Retargeting	Every Block
Min Stake Age	1 Hour
Max Stake Age	-
Premine/Initial Supply	2.5 Million

PoS/PoW Block Details

Proof Of Work Phase	1-400
Proof of Stake Phase	401+

Masternodes/Staking

Masternode Collateral	10,000 GCASH
Masternodes	70% of each block
Staking	30% of each block

Rewards

BLOCK	REWARD	MASTERNODE 70%	POS 30%
1 – 40,000	5	3.5	1.5
40,001 – 80,000	100	70	30
80,001 – 120,000	80	56	24
120,001 – 160,000	70	49	21
160,001 – 200,000	60	42	18
200,001 – 240,000	50	35	15
240,001 – 280,000	40	28	12
280,001 – 330,000	30	21	9
330,001 – 380,000	25	17.5	7.5
380,001 – 430,000	20	14	6
430,001 – 480,000	15	10.5	4.5
480,001 - 550,000	10	7	3
550,001 - 1,000,000	8	5.6	2.4
1,000,001 - 2,500,000	5	3.5	1.5
2,500,001 +	3	2.1	0.9

More details can be found in our Whitepaper

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