|Launched: August 10, 2017|
|Source Code: https://github.com/RangaBoom/CrocodileCash|
|Exchanges: Cryptohub.online, Yobit.net|
CrocodileCash (CROC) is a cryptocurrency started in August 2017 that features hybrid Proof-of-Work (PoW) and a 12% Proof-of-Stake (PoS). The mining/PoW algorithm is SHA-256, making the mining best-suited to ASICs capable of mining Bitcoin.
CROC has a 30-second block target, which allows for exceptionally fast transfer times. The total coin supply will be 55 million (at the end of the PoW-phase several years from now) but is only approximately 2.84 million as of February 7, 2018.
The original developer, Gizzard, started CROC using the codebase of AntiBitcoin (ANTI), which in turn was based from Peercoin (PPC). The last post of the developer using that screen-name was in September and CROC has subsequently been steered by interested members of its community.
There are plans afoot to rebase the code/wallet more directly from Peercoin (to benefit from updates that are more industry-standard in the cryptocurrency-space). Some CROC-holders also want to establish multi-signature wallets to fund ad-hoc projects; donation-levels for a given project effectively gauge the interest level and establish a budget for the project.
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