Netcoin is a decentralized, open-source digital currency, created in 2013. Initially, it was based on Litecoin, but since then, it has developed into a custom coin. Netcoin‘s goal is to build a financially free community. This cryptocurrency is a hybrid between Proof-of-Work and Proof-of-Stake using a Scrypt algorithm. The block time is 2 minutes with a reward of 15 coins to a block. Personal Investment Rate (PIR) is a feature presenting how much a person can make simply by staking coins. Users can earn an annual interest of 2 % with 1 NET coin. The total number of coins supply is 320,636,160 NET.The main advantages of Netcoin are a very secure wallet, high-speed and safe transactions, and a fair weight staking. The team of developers has designed an Open Wallet Incentive (OWI), which is an algorithm that rewards users for supporting NET and keeping their wallets open. There was no initial premine done. Netcoin has been around for quite some time, but the team is continuously working towards improvement. Buying NET coins can be done on the following exchange markets: Cryptopia, NovaExchange, TradeSatoshi, and CryptoHub..

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