Merit (MRT) Fundamentals and Technical Info | ADVFN

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Merit Basics

Status	Active
Asset Type:	Coin
Website:	https://www.merit.me/
Explorer:	https://merit.overcookedpanda.com
Wallet:	https://www.merit.me/get-started/#get-merit-desktop
Announcement:	https://bitcointalk.org/index.php?topic=5008767.0
Description:	Merit is an invite-only cryptocurrency, aiming to make it effortless to pay friends, buy goods, and manage your wealth. Merit also introduces a novel mining mechanism called Proof-of-Growth: mining nodes achieve consensus in each block by agreeing on a fixed number of ambassadors that have grown the network with active users.

Merit Technical

Source Code:	https://github.com/meritlabs
Mineable:	Yes
Consensus Method:	PoW
Algorithm:	Cuckoo29
Block Reward:	20.00 MRT
Reward Information:	10 MRT is awarded to the miner who mines the block and 10 MRT is split amongst winning ambassadors.
Block Time (sec):	60
Premine:	20,000,000
Genesis Date:	27 December 2017
Maximum Supply:	100,000,000 MRT

Merit Blockchain Data

Updated:	Wed, 14 Aug 2019 13:07:15
Circulating Supply:	-
Latest Block:	815,034
Difficulty:	13

Merit Pools

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