| CREATION DATE: | Second week of February, 2021 |
| DEVELOPMENT STAGE: | Fully released |
| CURRENT SUPPLY: | 60 million |
| TOTAL SUPPLY: | 100 million (pre-mined) |
| ALGORITHM: | Pivx fork (quark based) |
| PROOF TYPE: | PoS |
| TARGET SPACING: | 2 minutes |
BITSZ Coin (BITSZ) is based on the Pivx Fork algorithm and has 100 million pre-mined coins in its supply, 25% of which are distributed to pre-ICO participants, 60% to ICO participants, 10% to founders, 2.5% to the development team, and 2.5% to the marketing team.
With 100 million coins in total supply, the masternode reward is 50% and the superblock reward is 10%. Masternode amount equals 1,000 coins while masternode confirmations have 15 blocks. Target spacing is two minutes and the target timespan is 10 minutes.
Thanks to the recent integration with CoinPayments, merchants from all over the world can now accept, store, and receive BITSZ.
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