You may remember how I talked about DojeCoin a while ago, a Proof-of-Work/Proof-of-Stake hybrid Crypto. A lot of people felt this coin was banking on DogeCoin’s success, yet it really wasn’t. The name has changed to BankNote.
As soon as the Proof-of-Work stage of DojeCoin ended, the coin has been rebranded to BankNote. Part of the reason is also because of a community takeover to move away from the controversial doggie brand.
As BankNote is completely Proof-of-Stake now, it’s a real pleasure to use the wallet and let coins stake in fairness. Having a client for a coin that has working Proof-of-Stake without mandatory client updates, is not as common as you might think.
During the Proof-of-Work stage of BankNote, 30,000,000,000 coins have been minted. The original pre-mine of 6,000,000,000 DojeCoin has been spent and is completely voided. The only coins in the hands of the current developers are all mined and bought.
Originally, DojeCoin would have a coin supply of 80,000,000,000 coins, but because of the intervention and take over, that has thus been reduced to 30 billion. This in turn makes the coin slightly more valuable than originally intended.
As of right now, you will earn 5% stake on your BankNote coins in your wallet. With a minimum stake age of only two hours, and a max coin age of 4 days, there definitely is an incentive to hold your coins in your wallet for a while.
There is also a mutipool available for BankNote, which you can find here.
Make sure to also check out the BankNote website.
Last but not least, make sure to keep an eye on the BankNote thread on BitcoinTalk!
BankNote/DojeCoin donations are welcome to : DaMsr8Svm1hw1AHjVuHEUfTE5gRHKPLhkz