There is a new rare and popular crypto currency in town, and boy, is it expensive to get your hands on some of it. KashmirCoin is the name, and here are the fine details.
KashmirCoin is a Scrypt coin, with a coin supply cap of 1,001 coins. If you honestly don’t get the 1,001 reference, you might want to look at this Wikipedia page.
KashmirCoin blocks are generated every 101 seconds, and will reward you with 0.001001 KSC. There are however, random superblocks paying out 20 times the normal reward. Difficulty re-targets every 10 minutes.