FAQs

1What Are The Technical Specs of MEDIC?
Coin Name : Medic Coin CoinTicker : MEDIC Difficulty Retargeting : EVERY 1 BLOCK Maximum Block Size: 3MB Max Supply: 500,000,000 coin Block Time: 90 seconds Stake age : 1 Hr PoW Block Reward : 77 coins per block PoW Algo : Scrypt Last PoW Block : 99,999 Block First PoS Block : 99 Block PoS Block Reward : 199 coins per block (80% Block Reward for masternodes + 20% Block Reward for Stacking) Masternode collateral: 199,999 coins Approx 1000-1400 PoS-Block/Day Block Halving : 19,999 Block
2What Is Medic Coin Masternode?
Masternodes – Unlike Bitcoin, where each note is equal, Medic Coin has special privilege nodes called Masternodes. Anyone can form Masternodes by holding 199,999 MEDIC coin as collateral. These special nodes perform DarkSend and InstantX functions, and earn a 80% block reward.
3 How Many Coins Do I Need For One Masternode?
You need 199,999 MEDIC for one Masternode. It has to be exactly 199,999. One more or one less will result in a non-functioning Masternode.
4How Private is DarkSend?
Nobody has ever hacked DarkSend. DarkSend utilizes a selected “quorum” of random Masternodes on the network. An attacker would need a hyper majority share of Masternodes to have even the slightest chance of owning the selected random quorum of Masternodes at any given time. With 199,999 MEDIC requirement per Masternode, it becomes cost suicide to attack the privacy of the network.
5How Fast Is InstantX
InstantX is instant! Masternodes “lock” the inputs of coins which prevents double spends and allow transactions to occur in about 1 second or less! InstantX allows MEDIC coin users the ability to buy a cup of coffee in-store or a manicure from a nail salon instantly- no waiting for confirmations!
[email protected] is a distributed computing project, that very simply stated, studies protein folding and misfolding started by Stanford University. Protein folding is explained in more detail in the scientific background section. It also helps us develop drugs to combat disease.
7When Can I Earn Medic Coin With [email protected]?
After Medic Coin’s PoW is done (around June of 2018), you can earn Medic coin with your GPU/CPU “mining” by folding proteins. We reward you with Medic coin to say thank you for contributing to science.
8Do You Have Plans For Atomic Swap?
Yes, we do. We plan to swap Litecoin for Medic Coin.
9When Will The Android Medic Coin Wallet Available?
The Android wallet for Medic Coin will be available in February of 2018 or sooner.
10When Will iOS Medic Coin Wallet Available?
iOS Medic coin wallet will be available on July 4th, 2018 or sooner
11When Will You List MEDIC On Exchanges?
We actually just listed on Stocks.Exchanges! Check it out here: https://stocks.exchange/trade/MEDIC/BTC We expect to have another listing around March 2018, so stay tuned for more updates.
12 I Am Interested In Using My Medic Coin For My Cannabis Shop, Who Do I Contact?
You can contact [email protected] so we can set it up for you.