Here you will find everything you need to know about Digital Credits witch trades under the ticker (DGCS). Credits can be earned three different ways! Proof of Work (PoW), Proof of Stake (PoS), and Proof of Burn (PoB). Below is more information on how these three methods work:Proof of Work (PoW) : You will be able to mine new credits at a set rate until the end of time. No worries about block halving at all. With the blocks never halving the inflation rate would drop each day to just 1% a year in line with PoS. It would remove uncertainty caused by block halving and I think make this currency more stable.
– SHA-256 Algorithm
– Difficulty Retargeting every block
– 5 credit block reward FOREVER
– New block every 60 seconds
– 7,200 credits a day, or 2,628,000 credits a year FOREVER
– Halving = Never
– Total Supply = Unlimited
Mining Pools :
Below is a list of the pools available and instructions on how to get started.
1. Tekyboy : http://tekyboy.tk/ – No registration required!
2. Cryptopools : http://dcredits.cryptopools.com/ – Registration required!
3. The French Pool : http://dgcs.thefrenchpool.fr – Registration required!
4. Hash Power : http://hashpower.co/ – No registration required!
Proof of Stake (PoS) : When you keep credits in your wallet you can stake them and earn 1% annually. Credits are first eligible to stake 4 hours after they have been received into your wallet, and after 30 days, their chance of success is maximized. If you stake more often, your earnings will compound! Staking is energy-efficient, because it is based on the credits you hold, rather than on your processing power. Staking can be done directly from your wallet software and is automatic. Just leave your wallet open and running at all times. It is really that simple.
Proof of Burn (PoB) : So what is Proof of Burn? Each month we select a dead altcoin with no active development and offer a trade of that coin for Digital Credits at fair market rate. All the coins we buy up we then destroy by burning them. This makes sure the coins will never be traded again, they are gone forever. But you Get Digital Credits as a reward. We will be hosting Block Explorers and multiple Nodes to insure the selected coins stay alive during the entire process. Some are Proof of Work coins while others are PoS coin, so you will be able to both mine and stake the coins during the 30 day process and then burn them off at the end. You also have the option of just buying them up on the exchanges and burning them right away. The choice is yours. The sell price set will be slightly above market rate in order to encourage burning.
Download and Information :
Download : http://dcredits.com/download/
GitHub : https://github.com/intristin/digitalcredits
Website : http://dcredits.com
Block Explorer : http://explorer.dcredits.com/
Trade Digital Credits Now:
C-CEX : https://c-cex.com/index.html?p=dgcs-btc
Yobit : https://yobit.net/en/trade/DGCS/BTC
SafeCex : https://safecex.com/market?q=DGCS/BTC
BTCPOOL : https://btcpool.exchange/Market?pair=DGCS/BTC