Charts price for BitstarCoin (BITS)
Description of BitstarCoin (BITS)
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.