More detail: https://ohiobitcoin.com/coins/masternodecoin
Masternodecoin (Symbol: MTNC) is a blockchain based decentralized cryptocurrency that rewards network participation via static proof of stake. Masternodecoin rewards “connectivity age” instead of “coin age,” thus eliminating abuse from exchanges and users that do not actively contribute to the network. By having a static reward system, the rewards for participation are proportional to the work every active node contributes. This discourages centralization and promotes network health. In addition to static rewards, Masternodecoin implements a masternode network to incentivize large holders, and perform advanced functions such as near instant and private transactions.50,000 MTNC transaction with 15 block confirmations. Masternodes facilitate private transactions through a decentralized mixing service that takes advantage of the perfect fungibility of the currency. Any unit of Masternodecoin has the equivalent value to any other unit of identical size, regardless of the transaction history of any particular unit. Masternodes use this property to automatically break up private transactions into multiple identical and indistinguishable transactions, both adding complexity to the original transaction and obfuscating the provenance of any given unit.
