Christmascoin [XMAS] is a digital currency like Bitcoin. It is created to celebrate Christmas within the cryptocurrency community.
We wish you a merry Christmas!
XMAS uses the Proof of Work and Proof of Stake protocol to secure the blockchain and move transactions. Each new block gives a reward to the founder of that block. In order to start staking your wallet must be online and you must have mature XMAS in your wallet.
Sending and receiving XMAS is fast. Deposits are almost instantly credited into your wallet. Transactions are fully confirmed and spendable after 10 blocks in the blockchain. Mined blocks mature after 20 confirms.
The secret behind Santa's sleigh
Blocktime: Two Minutes
Difficulty Retarget: Each Block
Min. Stake Age: 2 Hours
Proof of Work:
Block 1: 500 000 XMAS (Crowdfund)
Block 2: 50 000 XMAS (Dev Fund)
Block 3-30003 : 20 XMAS
Proof of Stake:
Block 3-30003 : 10 XMAS
Block 30003+ : 1 XMAS
Next Christmas (2018) : New Reward Fork