GCRCoin's Key Features
Fast Transactions

GCRCoin's proof of stake system makes the GCRCoin network very fast.  GCRCoin is the perfect digital currency for merchants and face to face transactions.

Environmentally Sound

The GCRCoin network does not require large-scale, energy intensive mining operations as it is run on the average computers and phones of GCRCoin users all over the world.  GCRCoin is one of the more energy-efficient digital currency networks when compared to others due to the usage of the Proof of Stake system.

Low Inflation

GCRCoin was created over a short Proof of Work mining phase using Scrypt.  No other new GCRCoins will ever be created other than the 5% paid to staking users of GCRCoin.

Blockchain Security

The GCRCoin network is secured against attacks other digital currencies might face with their usage of large-scale mining operations to secure their networks.  The Proof of Stake system provides the perfect way to secure the GCRCoin network and keep it decentralized.

GCRCoin's Technical Specifications
  • 99,000,000 initial coins
  • Fast Confirmations
  • Code - Built on technologies behind Bitcoin, Peercoin, NovaCoin and BlackCoin
  • 100% Proof of Stake - Based on the engery efficient PoS Technology
  • Block Time - 90 seconds
  • Proof of Work Completed - Scrypt Proof of Work (PoW) phase completed, now 100% Proof of Stake (PoS)
  • Stake / Minting Interest - 5% earned by minting GCRCoins
  • Difficulty - Retargets every block
  • Block Maturity and Minimum Coin Age - Block maturity occurs every 50 blocks with an 8 hour minimum coin age