Ethcoin (ETHC) is a Bitcoin-inspired ERC20 token that implements a unique mining mechanism on the Ethereum network. With a one-minute block time, miners are randomly selected based on their Mining Power, which is determined by their interactions with the Ethcoin smart contract.
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One-Minute Block Time: Each block selects one miner randomly
- Mining Power System: Selection probability based on smart contract interactions
- Bitcoin-Inspired Halving: Rewards halve periodically, starting at 200 ETHC
Halving | ETHC Reward | Days | Cumulative Days |
---|---|---|---|
0 | 200 | 7 | 7 |
1 | 100 | 14 | 21 |
2 | 50 | 28 | 49 |
3 | 25 | 56 | 105 |
4 | 12.5 | 112 | 217 |
5 | 6.25 | 224 | 441 |
6 | 3.125 | 448 | 889 |
7 | 1.5625 | 896 | 1,785 |
We believe Ethcoin represents an innovative approach to creating a deflationary currency on the Ethereum network. Projects like this are essential for exploring new economic models in the cryptocurrency ecosystem.
Make Ethereum Deflationary Again!
- 🌐 Website: ethcoin.org
This project is licensed under the MIT License - see the LICENSE file for details.