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Karma (KARM) Basics

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Karma (KARM) Basics
« on: January 24, 2015, 10:11:04 pm »
KARMACOIN (KARM)
 
Specifications
Karma was forked last year from Scrypt to X11 driven algorithm

Algorithm:  X11 (started out as Scrypt)
Includes Kimoto Gravity Well Algorithm
1 minute block
10,000 coins per block
240 blocks to re-target difficulty
 
Block Rewards

0-9,999 blocks             => 10,000 + up to 2,000,000 bonus ~ 10,125,117,960 Karma
10,000-24,999 blocks    => 10,000 + up to 1,500,000 bonus ~ 11,389,254,273 Karma
25,000-28,999 blocks    => 10,000 + up to 1,000,000 bonus ~   2,031,443,390 Karma
Last random bonus block (30 secs confirms) - Static blocks from now on (1 min confirms )
29,000-50,000 blocks    => 10,000 + 500,000 bonus
50,000-100,000 blocks  => 10,000 + 250,000 bonus
100,000-200,000 blocks => 10,000 + 100,000 bonus
200,000-300,000 blocks => 10,000 + 25,000 bonus*(started June 24, 2014)
300,000-400,000 blocks => 10,000 + 10,000 bonus
400,000+ blocks           => 10,000 coins