About PutinCoin


Why a new PutinCoin Blockchain ?

introducing a completely new blockchain for PutinCoin based on a completely new algorithm Scrypt (PoW) + Proof of Stake, which offers high security and encryption as well as new features and ideas of POS.

Why PutinCoin created?

PutinCoin was created to pay tribute to the people and the president of one of the largest and greatest country in the world: Russia!


The decision to develop a national crypto-currency for Russia was made to support the very fast growing Russian economy and market within the country and beyond its borders.

With PutinCoin a lot of possibilities will be provided for businesses, traders, private persons and social projects as the technology, services and apps are freely usable by everybody on this planet.

The decentralized blockchain of PutinCoin offers ample opportunities of application. The network uses the hybrid and economic confirmation algorithm "Scrypt" offering both advantages of POW (Proof of Work)
and POS (Proof of Stake), which constitutes an energy saving network-confirmation and mining possibility for everybody in the world. POS can be mined on any type of computer (PC, Mac and Linux) by anyone
without needing to provide expensive hardware and it offers a yearly mining-interest of 100%!

The already existing infrastructure consists of any type of wallets, block-explorers, gaming apps and in the near future also payment solutions enabling PutinCoin to be used as means of financial transactions
by businesses and private persons.

PutinCoin will also be submitted to every exchange and every possible crypto-service in the world to ensure sustainable and stable supply for existing and new users.

PutinCoin will add a great value to the Russian and International Market and Crypto-Community. Its one of the first and biggest national coin-concepts of the world.




SPECIFICATIONS



NAME: PutinCoin

Short Name: PUT
Algorithm: Scrypt
Type: POW / POS (proof of work / proof of stake)
Last POW block: 50 000
POW Block reward:100 PUT
POS interest: 100% per year
Stake min age: 7 Days
Stake max age: 365 days
Block generation time: 600 seconds
Min tx fee: 0.00001 PUT
Total POW coins: 5 Million
Total POS coins: 1795 Million
Premine Coins: 200 Million


Premine Distribution:


=> 50 Million For Old Chain to new Chain Converters.
=> 100 Million For New investors.
=> 25 Million For Supporters ( Social Marketing Team).
=> 25 Million For Development. ( Bounties, Developers, Exchanges listings, Creating online services.)

Max Money: 2000 Millions

RPC Port: 20094
P2P Port: 20095



VISION (roadmap)

End of POW
Full POS
Window, Linux, Mac, Paper, Andriod, Online POS & Web wallet
Block Explorers (up to Three Explorers)
Exchanges (Minimum to 10 Exchanges)
Gambling sites (sports, events)
Online Shopping Stores



*Only basic Roadmap. More updates are coming soon.