Magnet (MAGT)


Unlisted

Magnet Basics

Status Active
Asset Type: Coin
Website: http://magnetwork.io/
Explorer: http://explorer.magnetwork.io/
Wallet: https://magnetwork.io/#wallet
Announcement: https://bitcointalk.org/index.php?topic=2402932
Description: MagnetCoin is a hybrid, proof-of-work and proof-of-stake, cryptocurrency.

Magnet Technical

Source Code: https://github.com/magnetwork/magnet
Masternode: Yes
Mineable: Yes
Consensus Method: PoW/PoS
Algorithm: X11
Block Reward: 200.00 MAGT
Reward Information:
- Block reward starts at 200 MAG, halving every 360,000 blocks.
- Block reward split: 50% mining, 50% masternodes.
Block Time (sec): 90
PoS Block Reward: See PoS Reward Information
PoS Reward Information:
7% APR (Annual Percentage Rate).
PoS Block Time (sec): 90
Premine: 250,000
Genesis Date: October 21 2017
Maximum Supply: 144,000,000 MAGT

Magnet Social

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