SHACoin is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin.
SHACoin distributes its initial coins through 10 days evenly distributed PoW mining. No halves during the initial distribution phase, thus ensures a fair distribution. After initial distribution, network will not accept PoW.
SHACoin is SHA256 based crypto currency.
Block target: 60 seconds
Retarget: Every block
Current coin supply: 350 millions+
Confirmations: 10, maturity: 300.
P2P port: 25555
RPC port: 25556
Adopts a variable PoS rate with the following annual interest rate: 5%