The POS/POW part is correct. Pennies is based on YACoin, just with the decimal places removed. Originally, this was just done as an experiment, but it caught on a bit more than expected.

However TEKcoin does actually have a higher interest rate than Pennies. While the massive stake part was at one time true, it became a major issue and so was fixed at the start of the year. Basically, there was a misplaced decimal place in the code determining stake, and so the money supply was compounding exponentially by orders of magnitude above anything reasonble, until Pennies ran the very real danger of being completely unmanageable. The stake issue was fixed with about 40 trillion coins already minted, and if nothing had been done, there could easily be hundreds of trillions is not more Pennies in existence now. The size of transactions presents a problem for exchanges as well, all the more reason why the stake needed fixing. Now, stake rewards are as follows:

At 9 days*: Original transaction amount * 1.0009 = approximate returned amount.
At 10 days: Original transaction amount * 1.001 = approximate returned amount.
At 11 days: Original transaction amount * 1.0011 = approximate returned amount.
At 12 days: Original transaction amount * 1.0012 = approximate returned amount.
At 13 days: Original transaction amount * 1.0013 = approximate returned amount.
At 14+ days: Original transaction amount * 1.0014 = approximate returned amount.

*Inputs become available for stake after 9 days.

Also, as a consequence of the massive stake, the POW part has sort of disappeared as a significant feature of the currency. The total amount of coins able to be generated by POW mining is 1 billion. When compared to the total number of coins in circulation, this is almost nothing. So, nobody really mines Pennies anymore.

New thread and relaunch a great idea Rozu! Nothing but bad vibes from the old thread. 

Good Luck!

Have Swisscex updated to the latest client?

How long does the newest client take to start? I've done all the stuff including replacing the wallet.dat file and now it's stuck on rescanning at startup

EDIT: Working now but my balance is completely wrong, I had at least 1.7B now I only have 16M and 4M incoming, and I'm fully synced

POS doesn't work. Why i get always 0?

well,  Ill wait it then 

cryptsy has stolen my coins? 1.2Bpennies 

over 23 bln CENT coins lost in cryptsy!

Hi, All, Android wallet will be released in 3 days.
Now I'm fixing a issue reported by swisscex, that might happen in any crypto-currency.
the issue is like that if your have two income 600,000,000, it means you have totally 120,000,000, then you want to sendtoaddress someone 600,000,001, the wallet will crash and report:
  ************************
EXCEPTION: St13runtime_error       
CWallet::GetDebit() : value out of range       
pennies in ThreadStakeMinter()       

terminate called after throwing an instance of 'std::runtime_error'
  what():  CWallet::GetDebit() : value out of range



the wallet needs to spend two income in one transaction, but it found it exceeds 1billion of MAX_MONEY, then it will report and crash.

Cryptsy broke this coin for their greed and has since been stolen almost everyone.
I lost 18 billion of them CENTs.