SagaCoin is a privacy cryptocurrency enabling anonymous and private transactions using Darksend and masternodes. SagaCoin is an open source cryptocurrency project that officially launched on December 3, 2017 using a hybrid Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanism based on the Scrypt hashing algorithm. Cryptocurrency wallets officially supported by SagaCoin are available for Microsoft Windows, MacOS, Linux, and paper wallets.
The cryptocurrency aims to connect banks, corporations, and payment providers with an option to pay and exchange money on a global scale. Privacy of transactions is ensured by over four hundred masternode servers that are located around the world. Transactional history, as well as balances, are entirely privatized. Users are able access real-time traceability of funds, and make on-demand settlements.
SagaCoin can be traded on several different platforms including Nova Exchange, Birake Exchange, Unnamed Exchange, and Social Send Exchange.
The following tables describes the technical specifications of SagaCoin according to the projects white paper:
25 SAGA first year, 12.5 SAGA second year, 6.25 third year
90% stake reward
Max coin supply
Minimum stake age
180% masternode, 20% coin stake [total 200%] (first year); 90% masternode, 10% coin stake [total 100%] (second year); 45% masternode, 5% coin stake [total 50%] (third year and above)