A new "Proof of Giving" model has been announced as part of the GiveCoin 2.0 (2GIVE) project. 2GIVE is a hybrid cryptocurrency with the charitable nature that Givecoin has. The chain supports a Proof of Stake transaction that provides stakeholders with the ability to be rewarded for holding onto coins by permitting them to claim a nominal interest rate for securing the network through their staking transactions, while simultaneously establishing a minimal 1% transaction fee designed to encourage miners to participate and produce Proof of Work blocks.