Betacoin (BET) is a peer to peer decentralized currency based on latest Bitcoin open-source code but differs from Bitcoin in some specifications. Betacoin provides faster transaction confirmations (4 minutes average block generating time). The Betacoin network is scheduled to produce 32 million currency units.
• Classic SHA-256 Algo, Proof of Work
• Block target: ~4 minutes (2.5x faster than Bitcoin)
• Transaction Comments!!! Public, stored in blockchain, with lots of future implementations
• Total coin supply: 32 million coin units (will be mined in ~6 years) + small per year supply
• Block reward 128 coins, halving every 126000 blocks (~1 year)