It is a crypto currency like Bitcoin being cloned in 2014 of the PeerCoin the first Proof-of-stake currency.
The currency is meant to provide a platform for communities, companies and individuals to built energy applications using the inherent strengths of crypto currencies and blockchains. The purpose of the coin is to facilitate the so-called Energy Transition and the move away from fossil fuels towards local generation and renewables.
Practical examples will be published on our Blog. We believe this technology contains some key benefits over existing technologies being open source, distributed and safe it brings the technological benefits to communities who are organized the same way.
Algorithm: Pure PoS
Fixed PoS Reward: 5 ENRG
Difficulty: target change every block
Target Block Time: 150 seconds
Confirmations: 6 to confirm tx
Min Stake Age: 1 day
Initial Supply: 110 million, fairly distributed. No ICO.
|energycoin.operations (Brian Mulder)||BTCTALK OP owner|
|sardokan||Technical and Security Advisor, the Community Manager on EnergyCoin Slack|
|neleonele||Core Team Member|
|EnergyCoinDev Peter||EnergyCoin Developer at EnergyCoin Dev Team|
|Joachim de Koning||Advisor, Founder of InternetofCoins.org|
|Anne-Marie Pronk||EnergyCoin Foundation in Formation|
|Rob Bakker||EnergyCoin Foundation in Formation|