paru37/insurance

Insurance Core integration/staging repository

Insurance (SEC) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problem posed by the exponential increase in energy consumed by Bitcoin and other proof-of-work currencies. Proof-of-work mining is environmentally unsustainable due to the electricity used by high-powered mining hardware. Insurance utilizes an energy efficient proof-of-stake algorithm, can be mined on any computer, and will never require specialized mining equipment.

• Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
• Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with a collateral of 1,000 SEC.

Coin Specs

Block Time	90 Seconds
Premine	105,000 SEC
MAX Supply	7,000,000 SEC

Reward Distribution

Block Height	Reward	Masternodes	PoS
2-....	1 SEC	90% (0.9 SEC)	10% (0.1 SEC)