Name: MazaCoin - Version 0.8.1 BETA 1.2 Treaty Edition
Based on latest Bitcoin/ZetaCoin 0.8.99 source
Using SHA-256 Proof-Of-Work Mining (ASIC's Welcome)
Block Target: 120 seconds
Difficulty Re-Targets every 4 blocks based on last 90 blocks (Quick Difficulty Readjustment)
Block reward: 5000 MZC, halving every 241920 blocks (about 12 month) - not dropping below
1 MZC (inflationary minimum)
Total coin mined: 2.4192 billion MZC + yearly inflation
2.4192 billion coins will be mined in approx. first 5 years
Thereafter around 1 million per year (inflationary).
Transaction Confirmations Needed: 5
Listen port: 12835
MazaCoin has a rich and unique set of features based upon the Development Team's careful choice of settings and algorythmic changes made in the codebase. MazaCoin is a standard Crypto-Currency using the same protocol as BitCoin/LiteCoin/PPCoin.
MazaCoin is designed from the ground up to have a secure, fast-moving - and easy to mine blockchain. Thus both coin creation, merchantability and ease of transmission have been carefully balanced.
MazaCoin was coded for the long term, with a slow deflationary curve and stable value retention being the prime focus. By allowing MazaCoin to appreciate in value more slowly, MZC is a more reliable storage media for wealth. MazaCoin has a usability curve of at least a century with no further hard-fork or upgrade to the current software.
MazaCoin is the most environmentally friendly Crypto-Coin in the world. By allowing merge-mining with the main BitCoin blockchain we encourage people to mine more than one coin for the same energy footprint. By utilizing the SHA-256 Proof-Of-Work mining protocol, MazaCoin encourages the recycling and re-purposing of dated ASIC mining hardware that would otherwise be clogging landfills.
Unlike many Alt-Coins, MazaCoin has no upper limit of coin base. A sophisticated algorithm carefully balances the mining/minting difficulty and reward to more closely approximate the rarity of gold and silver. Based on the experience of the other Alt-Coins, the MazaCoin Development Team was able to place serious anti-deflationary measures into the MazaCoin codebase. This should allow for a more stable storage of wealth, as well as greater ease of use in everyday commerce.