What is Polar?
Polar(PA) is an open-source peer-to-peer cryptocurrency. Polar uses Sha256csm algorithm, with proof-of-stake, proof-of-work and Masternodes systems.
To eliminate dependence on financial institutions, prove a cheap and fast payment method
Polar’s Proof of Stake
Proof-of-Stake is eco-friendly and efficient, and avoids the vast waste of energy and hardware overhead of Proof-of-Work based networks.
Polar is extremely fast, you can send money to anyone in the world within a second, with a target spacing of 30 seconds, much faster than 10 minutes of bitcoins
|Address letter testnet||A|
|Block reward (PoW)||190 coins|
|Block reward (PoS)||5 coins|
|Coin supply (PoW)||Unlimited|
|Premine amount||50000000 |
(All Premine was burnt, https://polarexplorer.hugophoenix.com/address/Po1arPremineBurnxxxxxxxxxxxy3Fm6WY)
|Last PoW block||block 2000000|
|Masternode Collateral||40000 PA|
|Coinbase maturity||10 blocks|
|Target spacing||30 seconds|
|Target timespan||30 seconds|
|Transaction confirmations||5 blocks|