Technical Details
Algorithm: Scrypt
Type: POW + POS
Symbol: WATER
Max Coins: 1,000,000,000
Block time: 120 seconds
Difficulty Re-Target Time: Every block
Block Rewards: From block 0-50 payout will be 1 to ensure a fair launch
1,000 from block 51-7000
(20,000)(1/√(Difficulty+500)) from block 7001-250,000
(15,000)(1/√(Difficulty+500)) from block 250,001-500,000
(10,000)(1/√(Difficulty+500)) from block 500,001+
POS Rewards: Fixed 8% beginning at block 7001-500,000
Fixed 7% beginning at block 500,000-1,000,000
Fixed 6% at 1,000,000-2,000,000
Fixed 2% at 2,000,000+
POS Schedule: Coins mature after 20 days
Confirmations for mined blocks: 50
Confirmations for minted blocks: 50
Confirmations for transactions: 4