SmartCash (SMART)
From CryptoWiki
| Total supply | Max supply: 5,000,000,000 SMART Total Supply: 1,560,371,125 SMART |
|---|
- Mineable
- Zcoin fork (from 21mln to 5bln) and the node code is from Dash.
- Has a community budget, smartrewards to incentivise long term holding and instantpay.
- 30% blockreward goes to Miners (5%), SmartRewards (15%) and SmartNodes (10%)
- 70% goes to the community
- “ASICs have yet to be created for the Keccak mining algorithm and it’s probably safe to assume no ASICs will be created for quite some time, until Smartcash reaches a considerable market cap.” https://smartcash.cc/
- Smart's target block time is less than a minute.
- The rewards are meant to diminish as each block is added. As time goes on the actual SMART distributed decreases. See here for an explanation of SmartNode rewards.
