Shekel (JEW) - Scrypt / Quark | POS/POW | Master Node 90%| Global Decentralized cryptocurrency
What is Shekel?
Shekel is a peer-to-peer Internet currency that enables fast, zero cost payments to anyone in the world. Shekel is global payment network, fully decentralized. Mathematics secures the network and allow individuals to control their finances. Shekel features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With industry support, volume and liquidity, Shekel is a proven medium of commerce.
Block Time: 60 Sec.
Difficulty Adjustment : each block ( dark gravity wave v3)
POW:Ends on Block 100000
POS: Starting From Block 100001
Master Node:Available after switch to POS Cost is 10,000 JEW. You receive 90 % Reward
Darksend:yes TX obfuscation
PoS Rewards Breakdown
Block Height Masternodes & Stakers 100001-302399 90% (45 JEW) Phase 2 45 JEW 10% (4.5 JEW) 345600-388799 90% (36 JEW) Phase 4 35 JEW 10% (3.5 JEW) 432000-475199 90% (27 JEW) Phase 6 25 JEW 10% (2.5 JEW) 518400-561599 90% (18 JEW) Phase 8 15 JEW 10% (1.5 JEW) 604800-647999 90% (9 JEW) Phase X 5 JEW 10% (0.5 JEW)
Growing number of Shekel communities including an active forum which you can easily find here: Shekel Forums.
General information, list of Shekel services and exchanges. Network statistics Shekel Block Explorer Charts. Source code for Shekel Core and related projects are available on GitHub.
Project released under the open source license which gives you the power to modify, and copy the software and to distribute, modified copies. The software is released in a transparent way allows independent verification of binaries and their source code.
The Shekel is capable of making higher transaction volume than its counterpart - Bitcoin. Merchants get faster confirmation times, while still having ability to wait for more confirmations when selling more priced items.
Allows to secure your wallet, required to enter your password before spending Shekels. Provides protection from stealing viruses and trojans.
Miners awarded with 350 new Shekel per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Shekel network is therefore scheduled to produce 40M million Shekels, which is ~2 times as many currency units as Bitcoin.