2GiveCoin

2GiveCoin
Symbol 2GIVE
Established 18.04.2016
Website URL Link
Block explorer Link
Off. announcement​ Link
Founder LittleDuke
Algorithm Scrypt
Protocol POW/POS
Reviews 0 / 3

GiveCoin 2.0 was created to preserve the charitable essence of its predecessor, Givecoin (GIVE), while dramatically shifting the reward mechanism to one of a shared interest or “stakeholder” model.

The chain supports Proof of Stake (POS) that rewards stakeholders by permitting them to claim a nominal interest rate for securing the network through their staking transactions, while establishing a minimal 1% transaction fee designed to stimulate mining and production of Proof of Work (POW) blocks.

GiveCoin 2.0 is running on completely different code algorithms borrowed from Clean Water Coin (WATER) which is based on a version of the Peercoin (PPC) wallet and uses the Scrypt mining method.

The original Bitcoin design required ~120 block depth on generated coins to cover potential ORPHAN blocks that can occur when another node generates a block with more transactions or at a higher difficulty since the blockchain favors the longer length and values the higher difficulty.

Since the normal confirmation window in Bitcoin is six block depth, it doesn’t make sense to make a POS tx wait any longer. GiveCoin 2.0 reduced schedules to 10 confirmations.

Reviews

Please Authorize or Register to add a new review for this service.

  • Avis

    Now nice

    By adam ( 105.71.6.* ) 2018-12-01 10:04 0 Comments Add a Comment
  • zakaria

    good

    By abomohammed ( 154.236.112.* ) 2018-04-05 06:47 0 Comments Add a Comment
  • good

    good

    By Feroz ( 103.67.198.* ) 2018-03-07 09:11 0 Comments Add a Comment
  • pls give me a coin

    coin plss

    By supewkalan ( 112.200.106.* ) 2017-11-12 02:49 0 Comments Add a Comment
  • hdfhdf

    dfhdfhdfhdfhdfhd

    By MrAminEbrahim ( 156.210.72.* ) 2017-10-18 08:57 0 Comments Add a Comment
  • gfg

    dfgfdgdfgdfgdfgfdg

    By MrAminEbrahim ( 156.210.72.* ) 2017-10-18 08:57 0 Comments Add a Comment

News and Tweets

Below you can find news and recent tweets related to this cryptocurrency, obtained from various sources.