Pakcoin is premier digital currency for Pakistan. It is based on Litecoin and is 1% premined. These premined coins will be used for development and airdrop to Pakistanis.(http://www.pakcoin.info/airdrop/)
THE BENEFITS OF PAKCOIN - Nearly instant transactions with a nearly impossible risk of fraud due to the unbreakable security Cryptocurrencies have to offer Mine-able by everyone however 150,000 Pakistanis will receive 50 Pakcoins for free through airdrop Zero or very low processing fees when sending Pakcoins around the world
FAIR MINING - 182 Million Pakcoins (PAK) will be created by people like you through a process called mining. 1% has been pre-mined; 75 Million of that will be divided between the first 150,000 Pakistanis. The remaining PAK will be used for further development of the coin, marketing and merchant services in Pakistan.
INTEGRATION ASSISTANCE - Working on a web or software project and thinking about integrating Pakcoin? Developers are standing by to help. You may be eligible for a bounty reward, our way of thanking you. DOWNLOAD AND TRY - You can download the wallet software in our download page and then start claiming your 50 Free Pakcoins if you are a Pakistani
Name: Pakcoin Symbol: PAK PoW Algorithm: scrypt Block Time: 60 Seconds TX fee: 0 – 0.1 PAK depending on your amount Difficulty Retarget: 24 Hours P2P Port: 7867 RPC Port: 7866 Testnet: 17866 Premine: 1 % for development and Airdrop Max Coins: approximately 182 Million PAK Mining Reward: 50 PAK per block, halving every 3 years
Technology Specifics for Pakcoin (PAK)
Pakcoin (PAK) uses the Scrypt algorithm and relies on the PoW proof type.