What does 1 day PoW mean?

Question

I see several coins advertising 1 day PoW. An example is this coin. https://github.com/concealcoin/concealcoin

I have been studying the code but must be missing a critical part as none of the math adds to 1 day.

Can anyone shed light on this? What part of the code am I missing?

Main.cpp

CBigNum bnProofOfWorkLimit(~uint256(0) >> 20); // "standard" scrypt target limit for proof of work, results with 0,000244140625 proof-of-work difficulty
CBigNum bnProofOfStakeLimit(~uint256(0) >> 20);
CBigNum bnProofOfWorkLimitTestNet(~uint256(0) >> 16);

unsigned int nTargetSpacing = 1 * 30; // 30 seconds
unsigned int nStakeMinAge = 24 * 60 * 60; // 24 hours
unsigned int nStakeMaxAge = 30 * 24 * 60 * 60;           // 30 days
unsigned int nModifierInterval = 10 * 60; // time to elapse before new modifier is computed

int nCoinbaseMaturity = 80;
CBlockIndex* pindexGenesisBlock = NULL;
int nBestHeight = -1;

and the rewards from main.cpp
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 3500 * COIN;

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

Main.h

static const int LAST_POW_BLOCK = 2880;

static const unsigned int MAX_BLOCK_SIZE = 1000000;
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/2;
static const unsigned int MAX_BLOCK_SIGOPS = MAX_BLOCK_SIZE/50;
static const unsigned int MAX_ORPHAN_TRANSACTIONS = MAX_BLOCK_SIZE/100;
static const unsigned int MAX_INV_SZ = 50000;
static const int64_t MIN_TX_FEE = 1000;
static const int64_t MIN_RELAY_TX_FEE = MIN_TX_FEE;
static const int64_t MAX_MONEY = 17000000 * COIN;
static const int64_t COIN_YEAR_REWARD = 3 * CENT; // 3% per year
static const int64_t MAX_MINT_PROOF_OF_STAKE = 0.03 * COIN; // 3% annual interest
static const int MODIFIER_INTERVAL_SWITCH = 2000;

Answer 1

It doesn't have a 24-hour block time, it issued all its PoW coins in the first 24 hours of existence.

The math you're looking for is nTargetSpacing * LAST_POW_BLOCK, which multiplies to 86400, the number of seconds in 24 hours.

As you can see from their home page (screenshot), that worked out about as well as you'd expect.