PirateCash was launched in 2018, making it one of the green (eco) and most reliable cryptocoin networks in existence.
Cannot be printed or debased. Only 105 million PIRATEs will ever exist.
PirateCash is the proof-of-stake coin, which means it doesn’t require massive computing power to secure the network. Get into the nitty-gritty with the PirateCash whitepaper.
After PirateCash are held for 8 hours, they are eligible to earn a 50 PIRATES reward and it will be halved each 4 years. Learn more about minting or you can also get started by buying coins from one of the many PirateCash exchange.
| # | Specification | Value |
|---|---|---|
| 1 | Block Spacing | 120 seconds |
| 2 | Maturity | 120 Confirmations |
| 3 | Difficulty Retargeting | Every Block |
| 4 | Reward | 10 PIRATE (POW, only first 100 000 blocks) |
| 5 | Staking Minimum Age | 8 hours |
| 6 | Max Coin Supply | ~105 Million PIRATE |
| 7 | Required Coins for masternode | 10 000 PIRATE |
| #Block Height | Reward | Masternodes | Stakers |
|---|---|---|---|
| 1 | 50 PIRATE + fees | 60% | 40% |
| 1048576 (0x100000) | 25 PIRATE + fees | 60% | 40% |
| 2097152 (0x200000) | 12.5 PIRATE + fees | 60% | 40% |
| 3145728 (0x300000) | 6.25 PIRATE + fees | 60% | 40% |
| 4194304 (0x400000) | 3.125 PIRATE + fees | 60% | 40% |
| ... | ... | 60% | 40% |
| 34603008 (0x2100000) | 0 PIRATE + fees | 60% | 40% |