[EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation

vindyne8 (54)in #crypto • 7 years ago

From the original post located here: https://bitcointalk.org/index.php?topic=1272091.0

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EverGreenCoin is a currency designed from the ground-up not only to be an environmentally friendly currency but, an environmental movement and paradigm shift.
With both the electrically and computationally efficient and secure algorithm of X15 Proof of Work and the generously rewarding 7% Proof of Stake the foundation has been set.
On top of that foundation, we leverage renewable energy in ways our planet has never seen.
EverGreenCoin is turning the mining and cryptocurrency industry on its head.
From an industry that wastes electricity in the grandest scale, and in-turn our planet's finite precious resources lost forever to produce that electricity, to a profitable and prosperous endeavor for both our planet and its people.
Back-feeding the grid it had once robbed.
Then those profits are invested into the environment through environmental restoration projects such as forestry and wildlife rehabilitation.
EverGreenCoin will make both our planet's environment and economy better than it was found.

EGC Foundation
The foundation is the base of all EverGreenCoin activities now and in the future.

EGC Renewables
The EGC Renewables branch looks into the use of renewable energy for common households, starting with the development of a solar staker, that only needs sunlight to stake EGC.

EGC Cannabis
The EGC Cannabis branch is working on the integration of EGC in the cannabis industry.

Algorithm: X15 PoW + PoS hybrid
PoW length: 525,960 blocks ( ~6 months.) [color=#FF0000]PoW has ended[/color].
PoW generated supply: 13 million EverGreenCoin
PoW block reward: 50 EverGreenCoin
1 EGC (2%) to the EGC Foundation. 49 EGC (98%) to the EGC miner(s)
PoW block halving: none
Block target: 30 seconds
Block maturity: 60 blocks (~1/2 hour)
Transaction full confirmation: 7 blocks (~3 and 1/2 minutes)
PoS reward: 7% annual
Minimum coin age for staking: 24 hours after maturity
Maximum coin age for staking: none
P2P port: 5757 (testnet 15757)
RPC port: 5758 (testnet 15758)
Seed nodes:
seed.evergreencoin.org
seed2.evergreencoin.org
cwi-seed01.evergreencoin.org
cwi-seed02.evergreencoin.org
cwi-seed03.evergreencoin.org
cwi-seed04.evergreencoin.org
... up to ... (all using cwi-seedXX, two digits.)
cwi-seed25.evergreencoin.org
Configuration file: evergreencoin.conf (supports staking=0)
Use of addnodes in a configuration file of EverGreenCoin is unadvisable.
Letting the wallet find peers through the DNS seednodes is optimal.