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Bitstar

Bitstar BITS

$0.0038
Market Cap $ 80.309 K (#1573)
24h Volume $ 0.000
Chg. 24h: 0.00%
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Bitstar project purpose and description

Bitstar clarity of purpose

Bitstar purpose and aspects

Bitstar's PoS reward systems offer one of the best returns. Also, transaction fees using BITS is one of the lowest among cryptos

Bitstar categories

Digital currency

Short description

Bitstar coin digital savings currency offers an alternative to Bitcoin, in that the coin network is secured by the process of your wallet balance "staking" or, in traditional banking terms, earning interest.Simply deposit coins into your official Bitstar wallet and after 24 hours they will start earning interest, which you will see being deposited into your wallet by the network.The wallet offers a number of advanced features and integrated services, but can be used very easily as a simple way for you to hold your coins and become more familiar with the additional functions at your leisure.

Abstract

BitstarCoin is a Scrypt PoW/PoS hybrid. The PoW phase lasts for 21 days and then the PoS staking begins at 35% for Y1 - dropping to 1% in yr 5. The difficulty retargets every block and the block time is set to 30 seconds allowing for a two minute transaction confirmation.

Link to Roadmap: https://www.bitstarcoin.com/uploads/bitstar_roadmap.png
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