InflationCoin was launched in November 2016. InflationCoin began life using the X11 PoW algorithm and after the initial PoW period (6 months after launch) became pure PoS.
Coin code: IFLT
PoW/PoS block targets independently
5 transaction confirmations
50 minted bock confirmations
PoS rate: 1st Year: 800%, 2nd Year: 80%, 3rd Year: 8% and Subsequent years: 4%
Live current coin supply: 53,901,738,396.48
Ports: Connection: 11370 RPC: 11371
More details on PoW and PoS systems used with InflationCoin
All you need to have to start staking coins in your wallet is to hold coins in your wallet. Your earnings are based upon the number of coins, or stake you hold in wallet software. The more you hold, the more you are likely to earn.
Ensure your wallet is encrypted with a good password. A secure password is needed to ensure your coins are safe. The wallet encryption option can be found under the settings tab in the InflationCoin wallet program. Make sure to use the File then Backup option aswell to ensure you keep a copy of your wallet stored somewhere safe, keeping the note of your password aswell (Just don't store them together)!
With your wallet open, select the settings menu option then the unlock wallet option. Ensure the "For Staking Only" boxed is ticket and enter your passphrase selecting OK when your ready.
Remember: You need to have held your coins for a minimum for 24 hours to start earning Staking interest.
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