FAQs

FAQs

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

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.

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.

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.

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.

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.

Yes, we do.  We plan to swap Litecoin for Medic Coin.

The Android wallet for Medic Coin will be available in February of 2018 or sooner.

iOS Medic coin wallet will be available on July 4th, 2018 or sooner

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.

You can contact [email protected] so we can set it up for you.