Paycoin "The People's Money"
What is Paycoin?
Paycoin is patient by Geniuses at Work Corporation CEO Josh Garza. A decentralized crypto-currency like Bitcoin with opposite difference's. Paycoin will launch as a Proof-of-work coin with a block time of 1 minute until 12.5 million coin's are created, from this point 5.5 million coin's will be given to current customer's in the Hashpoint Pool Program and ICO. After all 12.5 million coin's have been created, Paycoin will switch to pure Proof-of-Stake for the remainder of the minting process. With the switch to Proof-of-Stake, about 50 special nodes called Prime Controller's will also be created at the start of the Proof-of-Work phase. Prime Controller's play a big roll in the demand for new coin's and the minting process.