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Needycoin Specifications
NameNeedycoin
TickerNED
Total supply200,000,000
AlgoXevan
Premine0.5% for masternode presale
Block reward20
Block speed60 seconds
Staking30%
Masternode reward70%
Collateral50,000 NED
Maturity2 Hours
ConfirmatiosAfter 6 blocks
P2p and rpc port7777 & 8888
Transaction cost and weight0.0001/kb , max 4 mb
Block halves10% every 50,000 blocks,max 8 halves


Phase Block Height Reward per block Masternode Collateral Masternode reward Staking collateral Staking reward Coins produced
0 0-500 10 50,000 10 50,000 - 1,005,000 "premine"
1 501-250,501 20 50,000 14 50,000 6 5,000,000
2 250,502-500,501 30 50,000 21 50,000 9 7,500,000
3 500,502-800,000 50 50,000 35 50,000 15 14,975,000
4 800,001-1,200,000 40 50,000 28 50,000 12 16,000,000
5 1,200,001-2,000,000 30 50,000 21 50,000 9 24,000,000
6 2,000,001-3,00,000 20 50,000 14 50,000 6 20,000,000
7 3,000,001-last block 10 50,000 8 50,000 2 111,500,000
every 99,999 blocks "superblock"worth 500 Coins