Staking

Rather than needing vast amounts of computer power to secure the network as in Proof of Work (PoW) - the first tier, Bsgcoin is more secure with the second tier - Staking with Proof of Stake (PoS). PoS is based on "coin age". Coin age is calculated by multiplying the number of coins by the "age" of these coins i.e. the amount of time since they were last transacted. This means owner can contribute to network security with almost any computer and earn reward.

 

### Base Specs:

  • Algorithm : SHA256d
  • Block Time : 1 minute
  • Maturity : 90 blocks
  • Difficulty Retargeting : every block
  • PoS coins maturation: 24 hour

### PoS Rewards: (check height block: Bsgcoin Explorer )

  • Since block 1,500        : 10 + fees
  • Since block 40,001      : 9   + fees
  • Since block 200,001    : 7   + fees
  • Since block 400,001    : 5   + fees
  • Since block 1,000,001 : 4   + fees
  • Since block 2,000,001 : 3   + fees
  • Since block 4,000,001 : 1   + fees

 

How to get started staking Bsgcoin ?  Read more