The Kreds currency will be used by our team to create an ecosystem of world utility, action-based reward, and currency within several media and news websites.
To satisfy the enjoyment of subscribers and users of our sites, small amounts of Kreds will be awarded to users for engaging in certain actions and content. Once an established market and exchange is reached, Kreds currency will then be added for subscription payment for business services and more.
PoW Algorithm: Lyra2REv2
Block Time: ~120 seconds
Block Max Size: 4MB
Difficulty Retargeting: New D106 Algorithm
Block Reward: 225 KREDS
Block Reward Decrease: 1.5% Every 6 month
Coin Maturity: 50 blocks
Maximum Coin Supply: 1.1 Billion
Lightning Network: Compatible
Atomic Swaps: Compatible
MN Colateral: 50000 KREDS
MN Payments Start Block: 15000
MN Reward: 50% of block reward
Breakdown in coin count:
Site action rewards= 553300000
Airdrop = 49500000
- Please take a look at our address setup guide.
- Please take a look at 'How to setup Kreds masternode on VPS - Rookie Guide' or our MN setup guide.
- Please take a look at our guide here.
- Please follow our guide. Start from "Install Addons" section.