More detail: https://bitscreener.com/coins/geysercoin
GeyserCoin (Symbol: GSR) is a new look at the Proof-of-Work/ Proof-of-Stake reward platform! A real geyser – GeyserCoin can be in one of two states in one ittotzhe certain period – calmness (PoW), when the geyser is obtaining momentum to push the water mass up and eruption (PoS)! The New System has enabled to reject monopoly (the primary holders of the money supply), which could decrease the rate of production at the Proof-of-Stake phase of mining at other participants. GSR does not have a standard approach to the Proof-of-Work/ Proof-of-Stake reward system – as a rule when it completes one of the mining types, it never returns, but GeyserCoin totally changed it! Proof of Work makes a change on Proof of Stake every 10080 blocks and vice versa; in other words, everybody will have the chance to get their tokens, they just need to decide what type of mining is suitable for them. Geysercoin is announced as a free, distributed crypto, without borders and the intervention from any banking system.
zerohedge.com / by Tyler Durden /