Coin Name Cazcoin
Coin Ticker CAZ
Premine 30 000 000 (for Copico swap)
Block Time 90sec
Min Stake Age 1min
Max stake age Unlimited
MN Collateral 50000 coins
MN Reward (Reward * 6) / 7
POS Reward Reward - MN Reward
Today we are going to look at one old friend! CAZ is the swap from COPICO, which had problems with their Wallets and Chain stability. They managed to release a good working new Masternode Wallet with a good and solid technology behind.
So, why do I like CAZ and why do I think its worth a review?
CAZ is trying to give Cryptocoins and their own Coin a new usecase by implementing an e-Commerce Platform called “CAZ Shop”. They already worked on a shop system and released their open Beta of it under http://220.127.116.11/cazshoppe/
Sure, this is hell of a work and sure this might need some time to be finished, but it is a new way of making use of a Proof of Stake / Masternode coin.
You will need 50.000 $CAZ to host a Masternode. Currently they are in the 2nd Phase with their High Rewards of 40 $CAZ per Block.
Let us have a look at their Coin specifications to understand why this Coin can also be good for staking without hosting a Masternode:
Here we can see the “Min Stake Age” which is set to 1 Minute only. This means, technicaly, your Wallet is able to receive a Stake of currently 5.7 $CAZ every Minute! Of course, it will be hard to stake every Minute because of Network weight and other factors but technicaly you can stake kinda often a day since they have a Blocktime of 90 seconds – which means 960 Blocks / Chances a day to hit a stake!
If you setup your Blocksizes pretty clever you may be able to hit a couple of stakes a day.