Zetacoin is SHA256 based crypto currency with quick transactions and quick difficulty adjustment.
Zetacoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Zetacoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.
Zetacoin Core is the name of open source software which enables the use of this currency.
|Based on Bitcoin 0.9.2.1 source|
|Block Target:||30 seconds (20x Bitcoin)|
|Difficulty Retargets:||Every 4 Blocks|
|Based on last 90 Blocks||(Quick difficulty Readjustment)|
|Block Reward:||1000 ZET, halving every 80640 Blocks|
|(about 1 month), not dropping below 1 ZET (inflationary)|
|Total Coin Supply:||160 Million ZET + small yearly inflation|
|60 Million Coins:||will be mined in around first year|
|Thereafter around 1 million per year (inflationary).|
|This small inflation is a better incentive to keep the network hashing than purely transaction fees.|