MazaCoin - Definition from the Hotspot Shield Encyclopedia
MazaCoin is a cryptocurrency that is similar to Bitcoin and was created under the supervision of Payu Harris who is a web developer and Native American activist.
The currency has origins in the Native American community and aims to provide a financial support for the various tribes in the United States and to help their sovereignty and needs be recognized. During its initial release, 50 million MazaCoin’s were pre-released to the Lakota Nation and a tribal trust. The cryptocurrency uses a derivative of the ZetaCoin software, and is based on the SHA-256 proof of work system. The time to create a block is 120 seconds, and the rewards system halves over time - It should be noted that do to its inflammatory nature, there is no cap on the limit of MazaCoin’s that can be created.