- BlackCoin started of as a Proof of Work coin but has evolved to a unique version of Proof of Stake. - Wallet users can unlock wallet for staking only.BlackCoin features the following specifications: Extremely secure: Among first with fix on SSL heartbeat, Transaction malleability, BIP66 The probability to sign a block and the block reward does not depend on coinage anymore. - Recommended confirmations: 10, maturity: 500 Minimum transaction fee: 0.0001 BLK Defined block time target: 64 seconds Max reorganization depth: 500 blocks Inflation: about 0.95%. - PoS block reward: 1.5 BLK + fees The accumulated reward is proportional to the total balance and the time of staking. - 24/7 staking at current network weight leads to an expected reward ratio interest rate of about 5%. - BlackCoin rewards users who supports the blockchain through continuous staking..
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