What is Proof of Stake?
Proof of Stake is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. ... Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created).
BitcoinTalk AirDrop Details
We want to reward the BCT early adopters with the following free airdrops.
Airdrops are dispensed on a First Come First Serve BASIS.
100,000 coins (First 40 LEGENDARY Members) - No Available Slots
10,000 coins (First 400 HERO Members and above)
Sr. Member Airdrop:
5,000 coins (First 800 SR. MEMBERS and above).
Full Member Airdrop:
2,500 coins (First 1600 FULL MEMBERS and above).
1,000 coins (First 4,000 MEMBERS and above).
Jr. Member Airdrop:
500 Coins (remaining 40,000 accounts until coins are distributed).
Newbie & Brand New Accounts: Not eligible.
Follow These Steps
Social Media / Communications
Coin name: LitecoinStake
Coin abbreviation: LCS
Address letter: L
RPC port: 24268
P2P port: 24267
PoS percentage: 10% per year
Last PoW block: 1000
Coinbase maturity: 25 blocks
Block reward: 60 coins
Total coin supply: 84,000,000 coins
Premine percent: 70%
Premine Total: 58,800,000 coins
Target spacing: 64 seconds
Target time span: 1 block
Transaction confirmations: 6 blocks