More detail: https://bitscreener.com/coins/capricoin
Being a digital currency based on the X11 algorithm, CapriCoin (CPC) is both Proof-of-Stake and Proof-of-Work. The coin has a large premine of 200,000,000 of the total supply of 208,000,000 – 25% is issued – 50 million is reserved for staisybit and 99 million reserved for inhouse staking, and 1 million coins reserved for the development team. The Proof-of-Stake (PoS) accounts for 2% to 50% increments per year to year 24. Its large premine seems to be unethical. The crypto aims to power a worldwide immediate payment network with no cost transactions to people from any countries. Differrent from many other digital currencies, Capricoin has fast transfer confirmation times and can work commercial level transaction volumes. Capricoins are decentralized via a network of distributed users. Once entirely mined, there can only be a maximum of 201 million Capricoins.
