Galaxycoin (GLX) is a descedant of Novacoin, it uses both Proof of Work and Proof of Stake. It is effectively resistent to 51% attack. There are 64 coins per block and a block target time of 30 seconds. The difficulty retargetting is smoothed based on the last ten blocks average. Mining block rewards need 50 confirmations and transactions need 3 confirmations.
GalaxyCoin (GLX) Features
Technology Specifics for GalaxyCoin (GLX)
GalaxyCoin (GLX) uses the Scrypt algorithm and relies on the PoW/PoS proof type.