
As known as an innovative and unique generation of digital currency, TheGCCcoin (Symbol: GCC) utilizes the Proof-of-Stake (PoS) in a completely new light. TheGCCcoin serves as hybrid digital money generated via Proof-of-Work (PoW) with the block time of 60 seconds; as a result, TheGCCcoin may pride itself on the fastest block time in the world. If you want to mine PoS blocks, you should keep your tokens in a wallet client or coin daemon. Coins start to mint if they are held in a wallet that is not encrypted, namely connected to the network once it reaches its maturity date (3 – 9 days in our TheGCCcoin). Coin blocks age is essential to successfully staking. The age of the coin block is based on the stake weight which is calculated by multiplying the amount of coins held in a single block by the number of days that have passed. Holding more coins in one coin block will increase the stake weight and hence will be more likely to stake close up to ten days.