SilkCoin (SC) is a POW POS hybrid coin that has first stage of POW and POS of 7 days, thena pure POS stage for thirty days, and then again a hybrid POW POS phase, followed by a pure POS phase in perpetuity at 2% per annum. Difficulty retargets every block and the maximum POW supply is 100 million. All fees are paid to miners to encourage the network.
SilkCoin (SILK) Features
Technology Specifics for SilkCoin (SILK)
SilkCoin (SILK) uses the Scrypt algorithm and relies on the PoW/PoS proof type.